Highest-materiality recent filing
Covenant Q1 GAAP EPS $0.17 vs $0.24 YoY; adj. EPS $0.26; revenue $307M up 14%
Total revenue $307.2M (+14% YoY); freight revenue $281.9M (+15.9%) vs prior year.
GAAP diluted EPS of ($0.73) vs $0.24 prior year; adjusted EPS $0.31 vs $0.49.
Covenant Logistics Q3 adjusted EPS $0.44, sees Q4 sequentially lower
Q3 adjusted EPS $0.44 per diluted share vs $0.54 a year ago; GAAP EPS $0.35 vs $0.47.
Covenant Logistics Reports Q2 2025: Record Freight Revenue $276.5M, EPS $0.36
Q2 2025 freight revenue hit all-time high of $276.5M, up 7.8% year-over-year.
Covenant Q1 adjusted EPS $0.32 (vs $0.42); revenue $269M; $50M buyback authorized
Q1 adjusted EPS $0.32 (down from $0.42 YoY); GAAP EPS $0.24; total revenue $269.4M; freight revenue $243.2M.
Covenant Logistics Q4 2024: EPS $0.24 ($0.49 adj); net income down 47% YoY
Q4 GAAP EPS $0.24 vs $0.47 prior year; adjusted EPS $0.49 vs $0.55.
Covenant Logistics declares 2-for-1 stock split; approves 2025 executive bonus targets
2-for-1 stock split: record date Dec 20, 2024, distribution Dec 31, 2024; split-adjusted trading begins Jan 2, 2025.
Covenant Logistics Q3 EPS $0.94 ($1.09 adj), freight revenue +2.1%, debt down $36.6M
GAAP EPS $0.94 per diluted share ($1.09 adj); total revenue $287.9M; freight revenue $258.6M (+2.1% YoY).
Covenant Logistics Q2 EPS $0.88 GAAP, $1.04 adjusted; freight revenue up 5.3% YoY
Q2 total revenue $287.5M, freight revenue $256.5M (+5.3% YoY); net income $12.2M ($0.88 diluted EPS) vs $12.3M ($0.91) a year ago.
Covenant Logistics raises base salaries and approves $4M in LTIP awards for executives
Base salary for M. Paul Bunn increased to $700,000; for James Grant to $425,000, effective June 24, 2024.
Covenant Logistics appoints Dustin Koehl as COO effective May 13, 2024
Dustin Koehl appointed COO and principal operating officer; President M. Paul Bunn steps down from that role.
Covenant Logistics Q1 adjusted EPS $0.84; GAAP EPS $0.29 on $8.1M earnout charge
Total revenue $278.8M, freight rev ex-fuel $247.7M; adjusted operating income $14.8M (+17% YoY).
the board of directors of the Company (the “Board”) appointed Dustin Koehl as Chief Operating Officer, effective May 13, 2024.
M. Paul Bunn, the Company’s President, will no longer serve as principal operating officer.
On March 31, 2024, Lynn Doster notified the board of directors (the “Board”) of Covenant Logistics Group, Inc., a Nevada corporation (the “Company”) of her decision to retire from her position as Executive Vice President – Dedicated and Warehousing Operations, which won’t be effective until December 31, 2024.
Max materiality 0.80 · Median 0.50 · Most common event earnings