Covenant Logistics Q4 Earnings Report Analysis
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 29 2026
0mins
Should l Buy CVLG?
Source: seekingalpha
- Earnings Performance: Covenant Logistics reported a Q4 non-GAAP EPS of $0.31, missing expectations by $0.02, indicating pressure on profitability that may affect investor confidence.
- Revenue Growth: The company achieved Q4 revenue of $295.3 million, a 6.5% year-over-year increase, exceeding market expectations by $2.32 million, suggesting that the business maintains a degree of growth momentum.
- Cash Flow Status: As of December 31, 2025, the company had cash and cash equivalents totaling $4.9 million, indicating liquidity pressure, while under its ABL credit facility, it had $30 million in borrowings and $19.9 million in undrawn letters of credit, reflecting constrained financing capacity.
- Dividend Declaration: Covenant Logistics declared a dividend of $0.07 per share, demonstrating a commitment to shareholder returns despite profitability pressures, which may attract investors seeking stable income.
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Analyst Views on CVLG
Wall Street analysts forecast CVLG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CVLG is 31.00 USD with a low forecast of 31.00 USD and a high forecast of 31.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 28.810
Low
31.00
Averages
31.00
High
31.00
Current: 28.810
Low
31.00
Averages
31.00
High
31.00
About CVLG
Covenant Logistics Group, Inc., through its subsidiaries, offers a portfolio of transportation and logistics services to customers throughout the United States. The Company’s primary services include asset-based expedited and dedicated truckload capacity, as well as asset-light warehousing, transportation management, and freight brokerage capability. Its Expedited segment primarily provides truckload services to customers with high service freight and delivery standards. Its Dedicated segment provides customers with committed truckload capacity over contracted periods. Its Managed Freight segment includes its brokerage services and transport management services (TMS). Its Warehousing reportable segment provides day-to-day warehouse management services to customers who have chosen to outsource this function. It also provides shuttle and switching services related to shuttling containers and trailers in or around freight yards and to/from warehouses.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Covenant Logistics Group Q4 2025 Earnings Call Insights
- Market Equilibrium Outlook: CEO David Parker indicated that the freight market is evolving towards equilibrium between shippers and carriers, with expectations for improved operating leverage in 2026, although the first quarter may be impacted by seasonality and extreme weather.
- Financial Performance Analysis: The company reported a 7.8% year-over-year increase in consolidated freight revenue to $270.6 million for Q4, while adjusted operating income fell 39.4% to $10.9 million, primarily due to margin compression in the Expedited, Managed Freight, and Warehousing segments.
- Acquisition and Expansion: Covenant acquired the assets of a small truckload brokerage company in Q4, which is expected to positively impact earnings in the first half of 2026, further enhancing the company's competitive position in the market.
- Capital Expenditure Plans: The company plans to limit net CapEx to $40 million to $50 million in 2026 while maintaining a
See More
Covenant Logistics Reports Q4 2023 Earnings with $0.31 EPS
- Earnings Highlights: Covenant Logistics reported a Q4 2023 non-GAAP EPS of $0.31 and revenue of $295.3 million, indicating potential for growth despite low overall returns on assets, which could attract investor interest.
- Dividend Declaration: The company declared a $0.07 dividend per share, aimed at rewarding shareholders and enhancing investor confidence, reflecting robust cash flow management amid operational challenges.
- Future Outlook: Covenant's transition plan is expected to drive significantly better results by 2026, indicating proactive strategic adjustments to improve operational efficiency and market competitiveness.
- Market Performance: Despite current low asset returns, Covenant Logistics' stock performance contrasts sharply with its financial data, suggesting market recognition of its future growth potential.
See More
Covenant Logistics Q4 Earnings Report Analysis
- Earnings Performance: Covenant Logistics reported a Q4 non-GAAP EPS of $0.31, missing expectations by $0.02, indicating pressure on profitability that may affect investor confidence.
- Revenue Growth: The company achieved Q4 revenue of $295.3 million, a 6.5% year-over-year increase, exceeding market expectations by $2.32 million, suggesting that the business maintains a degree of growth momentum.
- Cash Flow Status: As of December 31, 2025, the company had cash and cash equivalents totaling $4.9 million, indicating liquidity pressure, while under its ABL credit facility, it had $30 million in borrowings and $19.9 million in undrawn letters of credit, reflecting constrained financing capacity.
- Dividend Declaration: Covenant Logistics declared a dividend of $0.07 per share, demonstrating a commitment to shareholder returns despite profitability pressures, which may attract investors seeking stable income.
See More
Covenant Logistics Group Schedules Q4 Earnings Release for January 29, 2026
- Earnings Release Schedule: Covenant Logistics Group plans to release its fourth quarter earnings on January 29, 2026, at 4:00 PM Eastern Time, which is expected to provide critical financial data to guide investor decisions.
- Conference Call Notification: The company will hold a conference call on January 30, 2026, at 10:00 AM Eastern Time to discuss the earnings report, allowing investors to dial in at 877-550-1505 (U.S./Canada) to enhance transparency.
- Replay Service: An audio replay of the conference call will be available for one week after the call, accessible via 800-645-7964, ensuring that investors who cannot participate live can still obtain the information.
- Investor Resources: Additional financial and statistical information will be available on the company’s website under the “Earnings Info” section, improving the convenience of information access for investors.
See More
Covenant Logistics Group, Inc. Reports Q3 Profit Decline, Meeting Expectations
Earnings Decline: Covenant Logistics Group, Inc. reported a profit of $9.09 million for Q3, down from $13.03 million in the same period last year, aligning with analyst expectations.
Adjusted Earnings: The company’s adjusted earnings were $11.52 million, or $0.44 per share, which met analysts' average estimates.
Revenue Growth: Revenue increased by 3.1% to $296.89 million compared to $287.89 million in the previous year.
Earnings Summary: Key figures include earnings of $9.09 million, EPS of $0.35, and revenue of $296.89 million, reflecting a decline in earnings but an increase in revenue.
See More
Covenant Logistics: Overview of Q3 Earnings
Company Performance: Covenant Logistics Group, Inc. reported a net income of $9.1 million for the third quarter, equating to 35 cents per share.
Adjusted Earnings: When adjusted for one-time gains and costs, the earnings per share increased to 44 cents.
Revenue Figures: The company generated revenue of $296.9 million during the same period.
Source of Information: The report was generated by Automated Insights using data from Zacks Investment Research.
See More
Covenant Logistics Group Q4 2025 Earnings Call Insights
- Market Equilibrium Outlook: CEO David Parker indicated that the freight market is evolving towards equilibrium between shippers and carriers, with expectations for improved operating leverage in 2026, although the first quarter may be impacted by seasonality and extreme weather.
- Financial Performance Analysis: The company reported a 7.8% year-over-year increase in consolidated freight revenue to $270.6 million for Q4, while adjusted operating income fell 39.4% to $10.9 million, primarily due to margin compression in the Expedited, Managed Freight, and Warehousing segments.
- Acquisition and Expansion: Covenant acquired the assets of a small truckload brokerage company in Q4, which is expected to positively impact earnings in the first half of 2026, further enhancing the company's competitive position in the market.
- Capital Expenditure Plans: The company plans to limit net CapEx to $40 million to $50 million in 2026 while maintaining a
See More
Covenant Logistics Reports Q4 2023 Earnings with $0.31 EPS
- Earnings Highlights: Covenant Logistics reported a Q4 2023 non-GAAP EPS of $0.31 and revenue of $295.3 million, indicating potential for growth despite low overall returns on assets, which could attract investor interest.
- Dividend Declaration: The company declared a $0.07 dividend per share, aimed at rewarding shareholders and enhancing investor confidence, reflecting robust cash flow management amid operational challenges.
- Future Outlook: Covenant's transition plan is expected to drive significantly better results by 2026, indicating proactive strategic adjustments to improve operational efficiency and market competitiveness.
- Market Performance: Despite current low asset returns, Covenant Logistics' stock performance contrasts sharply with its financial data, suggesting market recognition of its future growth potential.
See More
Covenant Logistics Q4 Earnings Report Analysis
- Earnings Performance: Covenant Logistics reported a Q4 non-GAAP EPS of $0.31, missing expectations by $0.02, indicating pressure on profitability that may affect investor confidence.
- Revenue Growth: The company achieved Q4 revenue of $295.3 million, a 6.5% year-over-year increase, exceeding market expectations by $2.32 million, suggesting that the business maintains a degree of growth momentum.
- Cash Flow Status: As of December 31, 2025, the company had cash and cash equivalents totaling $4.9 million, indicating liquidity pressure, while under its ABL credit facility, it had $30 million in borrowings and $19.9 million in undrawn letters of credit, reflecting constrained financing capacity.
- Dividend Declaration: Covenant Logistics declared a dividend of $0.07 per share, demonstrating a commitment to shareholder returns despite profitability pressures, which may attract investors seeking stable income.
See More
Covenant Logistics Group Schedules Q4 Earnings Release for January 29, 2026
- Earnings Release Schedule: Covenant Logistics Group plans to release its fourth quarter earnings on January 29, 2026, at 4:00 PM Eastern Time, which is expected to provide critical financial data to guide investor decisions.
- Conference Call Notification: The company will hold a conference call on January 30, 2026, at 10:00 AM Eastern Time to discuss the earnings report, allowing investors to dial in at 877-550-1505 (U.S./Canada) to enhance transparency.
- Replay Service: An audio replay of the conference call will be available for one week after the call, accessible via 800-645-7964, ensuring that investors who cannot participate live can still obtain the information.
- Investor Resources: Additional financial and statistical information will be available on the company’s website under the “Earnings Info” section, improving the convenience of information access for investors.
See More
Covenant Logistics Group, Inc. Reports Q3 Profit Decline, Meeting Expectations
Earnings Decline: Covenant Logistics Group, Inc. reported a profit of $9.09 million for Q3, down from $13.03 million in the same period last year, aligning with analyst expectations.
Adjusted Earnings: The company’s adjusted earnings were $11.52 million, or $0.44 per share, which met analysts' average estimates.
Revenue Growth: Revenue increased by 3.1% to $296.89 million compared to $287.89 million in the previous year.
Earnings Summary: Key figures include earnings of $9.09 million, EPS of $0.35, and revenue of $296.89 million, reflecting a decline in earnings but an increase in revenue.
See More
Covenant Logistics: Overview of Q3 Earnings
Company Performance: Covenant Logistics Group, Inc. reported a net income of $9.1 million for the third quarter, equating to 35 cents per share.
Adjusted Earnings: When adjusted for one-time gains and costs, the earnings per share increased to 44 cents.
Revenue Figures: The company generated revenue of $296.9 million during the same period.
Source of Information: The report was generated by Automated Insights using data from Zacks Investment Research.
See More
