---
schema_version: "secwatch.filing_event.v1"
accession: "0001008886-24-000041"
form_type: "8-K"
ticker: "CVLG"
cik: "0000928658"
company_name: "COVENANT LOGISTICS GROUP, INC."
filed_at: "2024-01-23T23:59:59+00:00"
generated_at: "2026-06-06T20:25:08.808477+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Covenant Logistics Q4 EPS $0.93 GAAP, $1.07 adj; revenue down 7.5% YoY

## Summary
- GAAP diluted EPS $0.93 vs $0.81 prior year; adjusted EPS $1.07 vs $1.37 (decline).
- Total revenue $274M, down 7.5% from $296M; freight revenue excl fuel $240M down 6%.
- Truckload operating income $10.6M vs $2.1M prior year; adjusted operating income $12.9M flat.
- Managed Freight revenue down 14.6%; operating income down 71.6% due to lower overflow freight.
- Repurchased ~5% of stock at ~$34/share; 2024 net capex guidance $55-65M.

## SEC filing metadata
- accession: 0001008886-24-000041
- form_type: 8-K
- ticker: CVLG
- cik: 0000928658
- company_name: COVENANT LOGISTICS GROUP, INC.
- filed_at: 2024-01-23T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/928658/000100888624000041/0001008886-24-000041-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/928658/000100888624000041/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001008886-24-000041
- JSON: https://secwatch.observer/filing/0001008886-24-000041.json
- Plain text: https://secwatch.observer/filing/0001008886-24-000041.txt

## Key facts
- Earnings Releases
  COVENANT LOGISTICS GROUP, INC. reported financial results for fourth quarter ended December 31, 2023.
  - Period: fourth quarter ended December 31, 2023
  - Result: reported results
  source text: On January 23, 2024, Covenant Logistics Group, Inc., a Nevada corporation (the "Company"), issued a press release announcing its financial and operating results for the quarter and year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/928658/000100888624000041/0001008886-24-000041-index.htm
- Earnings Releases
  COVENANT LOGISTICS GROUP, INC. reported financial results for year ended December 31, 2023.
  - Period: year ended December 31, 2023
  - Result: reported results
  source text: On January 23, 2024, Covenant Logistics Group, Inc., a Nevada corporation (the "Company"), issued a press release announcing its financial and operating results for the quarter and year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/928658/000100888624000041/0001008886-24-000041-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.