Covenant Logistics: Q4 Earnings Snapshot

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CHATTANOOGA, Tenn. (AP) — CHATTANOOGA, Tenn. (AP) — Covenant Logistics Group, Inc. (CVLG) on Thursday reported earnings of $6.7 million in its fourth quarter.

On a per-share basis, the Chattanooga, Tennessee-based company said it had net income of 24 cents. Earnings, adjusted for one-time gains and costs, were 49 cents per share.

The truckload transportation services provider posted revenue of $277.3 million in the period.

For the year, the company reported profit of $35.9 million, or $1.30 per share. Revenue was reported as $1.13 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CVLG at https://www.zacks.com/ap/CVLG

 

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