Covenant Logistics Group Inc - Class A logo

CVLG

Covenant Logistics Group Inc - Class A

$32.64

Earnings Summary

Revenue
$0.32Mn
Net Profits
$0.02Mn
Net Profit Margins
7.73%
PE Ratio
6.57

Highlights

Revenue:

Covenant Logistics Group Inc - Class A’s revenue fell -99.88% since last year same period to $0.32Mn in the Q2 2022. On a quarterly growth basis, Covenant Logistics Group Inc - Class A has generated -99.89% fall in its revenue since last 3-months.

Net Profits:

Covenant Logistics Group Inc - Class A’s net profit fell -99.84% since last year same period to $0.02Mn in the Q2 2022. On a quarterly growth basis, Covenant Logistics Group Inc - Class A has generated -99.89% fall in its net profits since last 3-months.

Net Profit Margins:

Covenant Logistics Group Inc - Class A’s net profit margin jumped 28.48% since last year same period to 7.73% in the Q2 2022. On a quarterly growth basis, Covenant Logistics Group Inc - Class A has generated 1.65% jump in its net profit margins since last 3-months.

PE Ratio:

Covenant Logistics Group Inc - Class A’s price-to-earnings ratio after this Q2 2022 earnings stands at 6.57.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Covenant Logistics Group Inc - Class A post its latest quarter earnings

EPS Estimate Current Quarter
1.34
EPS Estimate Current Year
1.34

Highlights

EPS Estimate Current Quarter:

Covenant Logistics Group Inc - Class A’s earning per share (EPS) estimates for the current quarter stand at 1.34 - a 2.29% jump from last quarter’s estimates.

EPS Estimate Current Year:

Covenant Logistics Group Inc - Class A’s earning per share (EPS) estimates for the current year stand at 1.34.

Key Ratios

Key ratios of the Covenant Logistics Group Inc - Class A post its Q2 2022 earnings

Earning Per Share (EPS)
1.63
Return on Assets (ROA)
0.08
Return on Equity (ROE)
0.24
Dividend Per Share (DPS)
0.13

Highlights

Earning Per Share (EPS):

Covenant Logistics Group Inc - Class A’s earning per share (EPS) jumped 69.79% since last year same period to 1.63 in the Q2 2022. This indicates that the Covenant Logistics Group Inc - Class A has generated 69.79% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Covenant Logistics Group Inc - Class A’s return on assets (ROA) stands at 0.08.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Covenant Logistics Group Inc - Class A’s return on equity (ROE) stands at 0.24.

Dividend Per Share (DPS):

Covenant Logistics Group Inc - Class A declared 0.13 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-06-30
1.31
1.63
24.43%
2022-05-06
0.87
1.35
55.17%

Company Information

Covenant Logistics Group, Inc., through its subsidiaries, offers a portfolio of transportation and logistics services to customers throughout the United States. Primary services include asset based expedited, dedicated, and irregular route truckload capacity, as well as asset-light warehousing, transportation management, and freight brokerage capability. In addition, Transport Enterprise Leasing is an affiliated company providing revenue equipment sales and leasing services to the trucking industry. Covenant's Class

Organisation
Covenant Logistics Group Inc - Class A
Employees
4.9K
Industry
Transportation