Covenant Net Income From Continuing Ops from 2010 to 2026

CV5 Stock  EUR 24.20  0.20  0.83%   
Covenant Logistics' Net Income From Continuing Ops is increasing over the last several years with stable swings. Net Income From Continuing Ops is estimated to finish at about 44.8 M this year. During the period from 2010 to 2026 Covenant Logistics Group Net Income From Continuing Ops regressed destribution of quarterly values had mean deviationof  14,079,203 and mean square error of 651.1 T. View All Fundamentals
 
Net Income From Continuing Ops  
First Reported
2018-06-30
Previous Quarter
9.8 M
Current Value
6.3 M
Quarterly Volatility
11.5 M
 
Covid
 
Interest Hikes
Check Covenant Logistics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Covenant Logistics' main balance sheet or income statement drivers, such as Interest Expense of 16.4 M, Selling General Administrative of 88.9 M or Total Revenue of 1 B, as well as many indicators such as . Covenant financial statements analysis is a perfect complement when working with Covenant Logistics Valuation or Volatility modules.
  
This module can also supplement various Covenant Logistics Technical models . Check out the analysis of Covenant Logistics Correlation against competitors.
The Net Income From Continuing Ops trend for Covenant Logistics Group offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Covenant Logistics is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Covenant Logistics' Net Income From Continuing Ops Growth Pattern

Below is the plot of the Net Income From Continuing Ops of Covenant Logistics Group over the last few years. It is Covenant Logistics' Net Income From Continuing Ops historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Covenant Logistics' overall financial position and show how it may be relating to other accounts over time.
Net Income From Continuing Ops10 Years Trend
Pretty Stable
   Net Income From Continuing Ops   
       Timeline  

Covenant Net Income From Continuing Ops Regression Statistics

Arithmetic Mean41,361,075
Coefficient Of Variation60.15
Mean Deviation14,079,203
Median42,085,000
Standard Deviation24,879,111
Sample Variance619T
Range122.1M
R-Value0.12
Mean Square Error651.1T
R-Squared0.01
Significance0.65
Slope579,525
Total Sum of Squares9903.5T

Covenant Net Income From Continuing Ops History

202644.8 M
202540.6 M
202435.3 M
202354.6 M
2022107.9 M
202158.2 M
2020-14.1 M

About Covenant Logistics Financial Statements

Covenant Logistics stakeholders use historical fundamental indicators, such as Covenant Logistics' Net Income From Continuing Ops, to determine how well the company is positioned to perform in the future. Although Covenant Logistics investors may analyze each financial statement separately, they are all interrelated. For example, changes in Covenant Logistics' assets and liabilities are reflected in the revenues and expenses on Covenant Logistics' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Covenant Logistics Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Income From Continuing Ops40.6 M44.8 M

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 the analysis of Covenant Logistics Correlation against competitors.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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. In contrast, Covenant Logistics' trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.