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Covenant Logistics Group (CVLG)
NYSE:CVLG
Earnings Data
Report Date
Apr 29, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.36Last Year’s EPS
0.32Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presented a mixed picture: encouraging top-line momentum (7.8% revenue growth), improving market signals in early January (≈3.5% initial rate gains and bids up 33%), Dedicated segment strength, and a strategic acquisition expected to be accretive. Offsetting these positives were substantial margin pressures (adjusted operating income down 39.4%), elevated net indebtedness and leverage, equipment-market write-downs and underused assets, and near-term operational headwinds in Expedited and Warehousing. Management has a clear plan (fleet optimization, modest 2026 CapEx, focusing on higher-yield freight, and leveraging the Star acquisition) and early market signs are constructive, but material profitability and balance-sheet improvements remain to be realized.Company Guidance
Consolidated Revenue Growth
Consolidated freight revenue increased 7.8% year-over-year (≈+$19.5M) to $270.6M in Q4 2025, reflecting top-line momentum despite other pressures.
Dedicated Segment Momentum
Dedicated reported a 92.2% adjusted operating ratio (best quarter of the year) and grew the fleet by ~90 tractors (~+6.3% YoY), showing improving margins and strong win rates in high-service niches.
Early 2026 Market Improvement and Pricing Momentum
Spot rates rose meaningfully in Q4 and in the first three weeks of January revenue trends improved vs prior year; management reported an average ~3.5% rate improvement in early January and bid activity was up ~33% vs Q4, with a few low- to mid-single-digit contractual price increases secured for Q1 and anticipated additional increases in Q2.
Strategic Acquisition — Star Logistics Solutions
Acquired a small truckload brokerage (Star Logistics Solutions) in Q4 with two niche customer bases (government emergency response and high-service CPG). Management expects Star to be accretive to earnings in the first half of 2026 and to diversify and add freight-cycle upside.
Capital and Fleet Optimization Plan
Announced intentional fleet reductions, moved certain assets to held-for-sale, lowered disposition price expectations, and set a modest net CapEx guidance of $40M–$50M for 2026 to reduce leverage and improve return on capital.
Managed Freight and Warehousing Revenue Contributions
Managed Freight freight revenue improved in Q4 driven by the Star acquisition (Q4 Managed Freight freight revenue referenced ~ $80M including acquisition). Warehousing freight revenue rose 4.6% YoY (+$1.1M) from a large customer launch; minority investment in TEL contributed $3.1M pre-tax income (vs $3.0M prior year).
CVLG Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CVLG Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jan 29, 2026 | $25.85 | $24.60 | -4.84% |
Oct 22, 2025 | $21.81 | $19.89 | -8.78% |
Jul 23, 2025 | $24.13 | $25.04 | +3.75% |
Apr 23, 2025 | $18.63 | $20.57 | +10.43% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Covenant Logistics Group (CVLG) report earnings?
Covenant Logistics Group (CVLG) is schdueled to report earning on Apr 29, 2026, After Close (Confirmed).
What is Covenant Logistics Group (CVLG) earnings time?
Covenant Logistics Group (CVLG) earnings time is at Apr 29, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CVLG EPS forecast?
CVLG EPS forecast for the fiscal quarter 2026 (Q1) is 0.36.