earnings
confidence high
sentiment negative
materiality 0.75
Covenant Logistics reports Q4 net loss of $0.73/diluted share; acquires $130M revenue brokerage Star Logistics Solutions
COVENANT LOGISTICS GROUP, INC.
2025-FY EPS reported
$0.27
revenue$1,164,472,000
- GAAP diluted EPS of ($0.73) vs $0.24 prior year; adjusted EPS $0.31 vs $0.49.
- Recorded $35.1M in charges: $10.7M goodwill impairment, $8.7M equipment impairment, $11.6M large claims settlement.
- Acquired assets of a $130M revenue truckload brokerage, operating as Star Logistics Solutions.
- Net indebtedness $296.3M (42.3% of cap) up from 33.4%; stock repurchases $36.2M in 2025.
- 2026 capex guidance $40-50M; plan to exit unprofitable accounts and delever balance sheet.