---
schema_version: "secwatch.filing_event.v1"
accession: "0001008886-25-000282"
form_type: "8-K"
ticker: "CVLG"
cik: "0000928658"
company_name: "COVENANT LOGISTICS GROUP, INC."
filed_at: "2025-10-23T23:59:59+00:00"
generated_at: "2026-05-17T02:39:57.834258+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Covenant Logistics Q3 adjusted EPS $0.44, sees Q4 sequentially lower

## Summary
- Q3 adjusted EPS $0.44 per diluted share vs $0.54 a year ago; GAAP EPS $0.35 vs $0.47.
- Total freight revenue (ex fuel) $268.8M, up 4% YoY; operating income fell to $7.9M from $16.2M.
- Truckload segment operating income $9.2M vs $23.1M; costs rose for driver pay, insurance, and unused equipment.
- TEL equity invest contributed $3.6M pre-tax ($0.10/sh) vs $4.0M; expects credit losses to continue.
- Q4 2025 adjusted EPS expected sequentially lower due to TEL, government shutdown, and loss of large Managed Freight customer.

## SEC filing metadata
- accession: 0001008886-25-000282
- form_type: 8-K
- ticker: CVLG
- cik: 0000928658
- company_name: COVENANT LOGISTICS GROUP, INC.
- filed_at: 2025-10-23T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/928658/000100888625000282/0001008886-25-000282-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/928658/000100888625000282/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001008886-25-000282
- JSON: https://secwatch.observer/filing/0001008886-25-000282.json
- Plain text: https://secwatch.observer/filing/0001008886-25-000282.txt

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