Covenant Logistics reports Q4 adjusted EPS 31c, consensus 33c

Reports Q4 revenue $295.37M, consensus $292.98M. Chairman and CEO, David Parker, commented: “Our fourth quarter resulted in a loss of $0.73 per diluted share, driven by impairment charges to goodwill and equipment and elevated insurance expense, each discussed below. Excluding these charges our non-GAAP adjusted results reflect income of $0.31 per diluted share.”