Covenant Logistics Earnings Estimate

CVLG Stock  USD 28.57  0.49  1.75%   
The next projected EPS of Covenant Logistics is estimated to be 0.3411 with future projections ranging from a low of 0.31 to a high of 0.37. Covenant Logistics' most recent 12-month trailing earnings per share (EPS TTM) is at 0.16. Please be aware that the consensus of earnings estimates for Covenant Logistics Group is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
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Covenant Logistics is projected to generate 0.3411 in earnings per share on the 31st of March 2026. Covenant Logistics earnings estimates show analyst consensus about projected Covenant Logistics Group EPS (Earning Per Share). It derives the highest and the lowest estimates based on Covenant Logistics' historical volatility. Many public companies, such as Covenant Logistics, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm.

Covenant Logistics Revenue Breakdown by Earning Segment

By analyzing Covenant Logistics' earnings estimates, investors can diagnose different trends across Covenant Logistics' analyst sentiment over time as well as compare current estimates against different timeframes. The Covenant Logistics' current Gross Profit is estimated to increase to about 176.1 M, while Pretax Profit Margin is projected to decrease to 0. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Covenant Logistics Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Covenant Logistics Earnings Estimation Breakdown

The calculation of Covenant Logistics' earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Covenant Logistics is estimated to be 0.3411 with the future projection ranging from a low of 0.31 to a high of 0.37. Please be aware that this consensus of annual earnings estimates for Covenant Logistics Group is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
0.31
0.31
Lowest
Expected EPS
0.3411
0.37
Highest

Covenant Logistics Earnings Projection Consensus

Suppose the current estimates of Covenant Logistics' value are higher than the current market price of the Covenant Logistics stock. In this case, investors may conclude that Covenant Logistics is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Covenant Logistics' stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 31st of March 2026Current EPS (TTM)
492.22%
0.31
0.3411
0.16

Covenant Logistics Earnings History

Earnings estimate consensus by Covenant Logistics analysts from Wall Street is used by the market to judge Covenant Logistics' stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we suggest analyzing not only Covenant Logistics' upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.

Covenant Logistics Quarterly Gross Profit

7.03 Million

At this time, Covenant Logistics' Price Earnings Ratio is most likely to increase significantly in the upcoming years. The Covenant Logistics' current Common Stock Shares Outstanding is estimated to increase to about 32.5 M. The Covenant Logistics' current Net Income Applicable To Common Shares is estimated to increase to about 131.2 M.
Hype
Prediction
LowEstimatedHigh
26.2228.7531.28
Details
Intrinsic
Valuation
LowRealHigh
25.7131.2633.79
Details
4 Analysts
Consensus
LowTargetHigh
28.8231.6735.15
Details
Note that many institutional investors and large investment bankers can move markets due to the volume of Covenant assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards Covenant Logistics. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Covenant Logistics' stock price in the short term.

Covenant Logistics Earnings per Share Projection vs Actual

Actual Earning per Share of Covenant Logistics refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Covenant Logistics Group predict the company's earnings will be in the future. The higher the earnings per share of Covenant Logistics, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Covenant Logistics Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Covenant Logistics, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Covenant Logistics should always be considered in relation to other companies to make a more educated investment decision.

Covenant Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Covenant Logistics' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2026-01-21
2025-12-310.33350.31-0.0235
2025-10-22
2025-09-300.480.44-0.04
2025-07-23
2025-06-300.420.450.03
2025-04-23
2025-03-310.340.32-0.02
2025-01-23
2024-12-310.490.490.0
2024-10-23
2024-09-300.530.550.02
2024-07-24
2024-06-300.981.040.06
2024-04-24
2024-03-310.780.840.06
2024-01-23
2023-12-311.031.070.04
2023-10-26
2023-09-301.131.130.0
2023-07-26
2023-06-300.951.070.1212 
2023-04-27
2023-03-310.810.930.1214 
2023-01-25
2022-12-311.421.37-0.05
2022-10-20
2022-09-301.371.520.1510 
2022-07-25
2022-06-301.311.630.3224 
2022-04-27
2022-03-310.871.350.4855 
2022-01-26
2021-12-311.051.070.02
2021-10-20
2021-09-301.021.020.0
2021-07-21
2021-06-300.680.960.2841 
2021-04-26
2021-03-310.360.560.255 
2021-01-25
2020-12-310.610.610.0
2020-10-26
2020-09-300.550.560.01
2020-08-10
2020-06-300.010.030.02200 
2020-05-19
2020-03-31-0.1-0.090.0110 
2020-01-23
2019-12-310.140.1-0.0428 
2019-10-22
2019-09-300.03-0.08-0.11366 
2019-07-24
2019-06-300.340.350.01
2019-04-25
2019-03-310.210.270.0628 
2019-01-23
2018-12-310.760.920.1621 
2018-10-23
2018-09-300.610.660.05
2018-07-25
2018-06-300.520.540.02
2018-04-24
2018-03-310.230.240.01
2018-01-29
2017-12-310.510.5-0.01
2017-10-19
2017-09-300.170.250.0847 
2017-07-25
2017-06-300.070.080.0114 
2017-04-20
2017-03-310.020.030.0150 
2017-01-25
2016-12-310.330.330.0
2016-10-19
2016-09-300.140.160.0214 
2016-07-27
2016-06-300.190.20.01
2016-04-27
2016-03-310.210.210.0
2016-01-25
2015-12-310.670.730.06
2015-10-16
2015-09-300.410.420.01
2015-07-22
2015-06-300.470.480.01
2015-04-23
2015-03-310.270.30.0311 
2015-01-21
2014-12-310.740.820.0810 
2014-10-21
2014-09-300.30.420.1240 
2014-07-23
2014-06-300.190.250.0631 
2014-04-29
2014-03-31-0.09-0.090.0
2014-01-27
2013-12-310.210.220.01
2013-10-17
2013-09-300.090.130.0444 
2013-07-24
2013-06-300.070.130.0685 
2013-04-24
2013-03-31-0.14-0.130.01
2013-01-30
2012-12-310.080.10.0225 
2012-10-30
2012-09-300.050.070.0240 
2012-07-25
2012-06-300.050.290.24480 
2012-04-25
2012-03-31-0.17-0.040.1376 
2012-02-01
2011-12-31-0.08-0.15-0.0787 
2011-11-09
2011-09-30-0.09-0.12-0.0333 
2011-07-26
2011-06-300.090.110.0222 
2011-04-26
2011-03-31-0.15-0.17-0.0213 
2011-01-26
2010-12-310.060.05-0.0116 
2010-10-25
2010-09-300.160.13-0.0318 
2010-07-21
2010-06-300.110.20.0981 
2010-04-28
2010-03-31-0.24-0.150.0937 
2010-02-03
2009-12-31-0.09-0.2-0.11122 
2009-10-26
2009-09-30-0.09-0.14-0.0555 
2009-07-27
2009-06-30-0.15-0.22-0.0746 
2009-04-28
2009-03-31-0.35-0.39-0.0411 
2009-02-03
2008-12-31-0.05-0.44-0.39780 
2008-10-27
2008-09-30-0.15-0.24-0.0960 
2008-07-29
2008-06-30-0.34-0.170.1750 
2008-04-21
2008-03-31-0.45-0.56-0.1124 
2008-01-24
2007-12-31-0.080.010.09112 
2007-10-18
2007-09-30-0.32-0.250.0721 
2007-04-23
2007-03-31-0.15-0.150.0
2007-01-25
2006-12-31-0.08-0.060.0225 
2006-10-24
2006-09-30-0.010.060.07700 
2006-07-24
2006-06-300.080.02-0.0675 
2006-04-19
2006-03-31-0.03-0.06-0.03100 
2006-01-24
2005-12-310.150.320.17113 
2005-10-24
2005-09-300.090.090.0
2005-07-20
2005-06-300.050.050.0
2005-04-21
2005-03-31-0.02-0.04-0.02100 
2005-01-25
2004-12-310.340.390.0514 
2004-10-18
2004-09-300.350.34-0.01
2004-07-20
2004-06-300.250.30.0520 
2004-04-20
2004-03-310.070.05-0.0228 
2004-01-27
2003-12-310.270.280.01
2003-10-23
2003-09-300.260.280.02
2003-07-22
2003-06-300.20.220.0210 
2003-04-22
2003-03-310.070.06-0.0114 
2003-01-28
2002-12-310.220.230.01
2002-10-15
2002-09-300.240.250.01
2002-07-17
2002-06-300.190.210.0210 
2002-04-17
2002-03-310.070.090.0228 
2002-01-29
2001-12-310.10.09-0.0110 
2001-10-17
2001-09-300.090.10.0111 
2001-07-18
2001-06-300.030.040.0133 
2001-04-18
2001-03-310.050.02-0.0360 
2001-01-24
2000-12-310.280.280.0
2000-10-18
2000-09-300.220.220.0
2000-07-19
2000-06-300.270.2-0.0725 
2000-04-19
2000-03-310.190.14-0.0526 
2000-01-26
1999-12-310.430.430.0
1999-10-14
1999-09-300.440.450.01
1999-07-21
1999-06-300.40.40.0
1999-04-21
1999-03-310.210.220.01
1999-01-27
1998-12-310.360.380.02
1998-10-14
1998-09-300.360.370.01
1998-07-15
1998-06-300.30.320.02
1998-04-09
1998-03-310.180.20.0211 
1998-01-28
1997-12-310.280.320.0414 
1997-10-15
1997-09-300.30.310.01
1997-07-16
1997-06-300.250.270.02
1997-04-16
1997-03-310.130.140.01
1997-01-23
1996-12-310.230.17-0.0626 
1996-10-17
1996-09-300.260.25-0.01
1996-07-18
1996-06-300.190.220.0315 
1996-04-18
1996-03-310.040.040.0
1996-02-01
1995-12-310.210.19-0.02
1995-10-19
1995-09-300.220.2-0.02
1995-07-20
1995-06-300.210.16-0.0523 

About Covenant Logistics Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Covenant Logistics earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Covenant Logistics estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Covenant Logistics fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.
Last ReportedProjected for Next Year
Retained Earnings319.9 M335.8 M
Retained Earnings Total Equity258.8 M215.3 M
Earnings Yield 0.01  0.01 
Price Earnings Ratio 76.15  79.95 
Price Earnings To Growth Ratio(0.96)(0.91)

Currently Active Assets on Macroaxis

When determining whether Covenant Logistics is a strong investment it is important to analyze Covenant Logistics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Covenant Logistics' future performance. For an informed investment choice regarding Covenant Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Covenant Logistics Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Can Cargo Ground Transportation industry sustain growth momentum? Does Covenant have expansion opportunities? Factors like these will boost the valuation of Covenant Logistics. Projected growth potential of Covenant fundamentally drives upward valuation adjustments. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating Covenant Logistics demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Quarterly Earnings Growth
(0.25)
Dividend Share
0.28
Earnings Share
0.16
Revenue Per Share
45.402
Quarterly Revenue Growth
0.065
The market value of Covenant Logistics is measured differently than its book value, which is the value of Covenant that is recorded on the company's balance sheet. Investors also form their own opinion of Covenant Logistics' value that differs from its market value or its book value, called intrinsic value, which is Covenant Logistics' true underlying value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Because Covenant Logistics' market value can be influenced by many factors that don't directly affect Covenant Logistics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between Covenant Logistics' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Covenant Logistics should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, Covenant Logistics' quoted price indicates the marketplace figure where supply meets demand through bilateral consent.