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Covenant Logistics press release ( NASDAQ: CVLG ): Q3 Non-GAAP EPS of $1.52. Revenue of $311.84M (+13.6% Y/Y). Outlook: "Absent a substantial, near-term deterioration in market forces, we expect to finish the fourth quarter with over a billion dollars of total revenue ...
CHATTANOOGA, Tenn., Oct. 20, 2022 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NASDAQ/GS: CVLG) (“Covenant” or the “Company”) announced today financial and operating results for the third quarter ended September 30, 2022. The Company’s live conferen...
Summary Daseke has been pushed down hard by the market in recent months, driven by concerns over the economy. The downside the company experienced is mostly unwarranted, even though its financial position could deteriorate due to market conditions moving forward. But given how...
CHATTANOOGA, Tenn., Sept. 06, 2022 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. a leading provider of transportation and logistics services in the U.S., announces the release of the company’s 2021 Corporate Social Responsibility (CSR) Report. Key sections from this ...
Covenant Logistics ( NASDAQ: CVLG ) said Wednesday it will sell a California terminal for ~$44M. The buyer paid a $2M non-refundable deposit on the property. CVLG expects to record a pretax gain of ~$37.5M on sale of property. The firm expects to relocate staff and...
Covenant Logistics ( NASDAQ: CVLG ) declares $0.08/share quarterly dividend , 28% increase from prior dividend of $0.06. Forward yield 0.97% Payable Sept. 30; for shareholders of record Sept. 2; ex-div Sept. 1. See CVLG Dividend Scorecard, Yield Chart, &a...
CHATTANOOGA, Tenn., Aug. 17, 2022 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NASDAQ/GS: CVLG) (“Covenant” or the “Company”) announced today that it has agreed to sell a California terminal for approximately $44.0 million, as well as the declaration of a ...
Covenant Logistics ( NASDAQ: CVLG ) on Friday filed for a $200M mixed shelf offering . The offering can include class A stock, preferred stock, debt securities, rights and warrants. CVLG has no immediate plans to offer or sell any securities. For further det...
CHATTANOOGA, Tenn., Aug. 12, 2022 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NASDAQ/GS: CVLG) (“Covenant” or the “Company”) announced today that it has filed a universal shelf registration statement on Form S-3 with the United States Securities and Excha...
Revenue-based valuations are considered to be among the “cleanest” of valuation methodologies. Just screening for low price-to-sales ratios is likely to turn up companies with poor profit margins and weak prospects. Sales levels tend to be more comparable across diff...
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2024-06-20 19:36:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
CHATTANOOGA, Tenn., June 10, 2024 (GLOBE NEWSWIRE) -- Food Logistics named Covenant Logistics Group as one of the winners of this year’s Top 3PL & Cold Storage Providers Award, which recognizes leading 3PLs and cold storage providers in the cold food and beverage industry. ȁ...
CHATTANOOGA, Tenn., June 06, 2024 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc ., a leading provider of transportation and logistics services in the U.S., is proud to announce the release of its 2023 Corporate Social Responsibility Report, a detailed report highlighting the company's unw...