Earnings Preview: Covenant Logistics Gr
Portfolio Pulse from Benzinga Insights
Covenant Logistics Gr (NASDAQ:CVLG) is set to release its latest quarterly earnings report on October 25, 2023. Analysts estimate an earnings per share (EPS) of $1.12. The company's stock price has historically been affected by its earnings performance and guidance. Last quarter, the company beat EPS by $0.12, resulting in a 9.86% increase in the share price the next day. The company's shares were trading at $42.66 as of October 23, and have increased by 17.41% over the last 52-week period.
October 24, 2023 | 3:01 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Covenant Logistics Gr is expected to release its Q3 earnings report on October 25, 2023. The company's stock price has historically been influenced by its earnings performance and guidance. Last quarter, the company beat EPS estimates, leading to a 9.86% increase in the share price.
The company's stock price has historically been influenced by its earnings performance and guidance. Given that the company beat EPS estimates last quarter, leading to a significant increase in the share price, it is likely that a similar performance this quarter could have a positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100