# Covenant Logistics (CVLG) — Earnings

CVLG · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/cvlg/earnings

## Most recent quarter

| Metric | Value |
| --- | --- |
| Fiscal period | Q2 2026 |
| Period end | Jun 30, 2026 |
| EPS actual | $0.42 |
| EPS estimate | $0.43 |
| EPS surprise | −1.18% |
| Revenue surprise | −0.49% |
| Revenue | $332.9M |
| Revenue estimate | $334.5M |
| Reported | Jul 29, 2026 |
| SEC filing | [View filing](https://www.sec.gov:443/Archives/edgar/data/928658/000143774926026547/cvti20260630_10q.htm) |
| Earnings call | [Transcript](http://o.thsi.cn/dc-d-stock-america.teleconference/b2dc0eee-c53d-a894-25e4-789cea4c2f07.html) |

Covenant Logistics reported Q2 2026 results on July 29, 2026. Earnings per share were $0.42, 1.18% below the $0.43 estimate. Revenue of $332.9 million was just under the $334.5 million consensus. Compared with Q2 2025, EPS fell about 7% from $0.45, while revenue rose about 10% from $302.9 million.

The table shows revenue and earnings moving in different directions. Annual EPS declined each year, from $2.95 in 2022 to $2.12 in 2023, $1.98 in 2024 and $1.52 in 2025. Revenue held in a narrower range, between $1.10 billion and $1.22 billion a year, and Q2 2026's $332.9 million is the highest quarter in the table. The first half of 2026 brought $0.68 per share, about 12% less than a year earlier, on revenue up about 12%. The EPS high in the table is $0.82 from Q2 2022, and the low is $0.26 from Q1 2026. Over the last 20 quarters, Covenant beat the EPS estimate 15 times, mostly by single-digit margins.

Q3 results came out between October 20 and October 26 in each of the past five years. That points to late October 2026 for the next report, which will show whether revenue growth starts to carry through to earnings.

## Earnings history

| Fiscal period | Report date | EPS estimate | EPS actual | Surprise | Revenue estimate | Revenue actual |
| --- | --- | --- | --- | --- | --- | --- |
| Q2 2026 | Jul 29, 2026 | $0.43 | $0.42 | -1.18% | $334.5M | $332.9M |
| Q1 2026 | Apr 23, 2026 | $0.24 | $0.26 | 7.79% | $288.3M | $307.2M |
| Q4 2025 | Jan 29, 2026 | $0.34 | $0.31 | -7.49% | $293.0M | $295.4M |
| Q3 2025 | Oct 23, 2025 | $0.44 | $0.44 | 0.99% | $294.0M | $296.9M |
| Q2 2025 | Jul 23, 2025 | $0.42 | $0.45 | 7.40% | $287.3M | $302.9M |
| Q1 2025 | Apr 23, 2025 | $0.33 | $0.32 | -3.44% | $280.0M | $269.4M |
| Q4 2024 | Jan 23, 2025 | $0.49 | $0.49 | -0.67% | $284.9M | $277.3M |
| Q3 2024 | Oct 23, 2024 | $0.53 | $0.55 | 2.52% | $299.8M | $287.9M |
| Q2 2024 | Jul 24, 2024 | $0.49 | $0.52 | 5.41% | $297.4M | $287.5M |
| Q1 2024 | Apr 24, 2024 | $0.40 | $0.42 | 5.45% | $153.4M | $278.8M |
| Q4 2023 | Jan 23, 2024 | $0.51 | $0.54 | 4.23% | $226.1M | $274.0M |
| Q3 2023 | Oct 26, 2023 | $0.56 | $0.57 | 0.59% | $228.2M | $288.7M |
| Q2 2023 | Jul 26, 2023 | $0.48 | $0.54 | 10.79% | $210.5M | $274.0M |
| Q1 2023 | Apr 27, 2023 | $0.40 | $0.47 | 16.42% | $219.9M | $266.9M |
| Q4 2022 | Jan 25, 2023 | $0.71 | $0.69 | -3.18% | $247.5M | $296.1M |
| Q3 2022 | Oct 20, 2022 | $0.68 | $0.76 | 11.36% | $295.6M | $311.8M |
| Q2 2022 | Jul 25, 2022 | $0.65 | $0.82 | 24.66% | $242.6M | $317.4M |
| Q1 2022 | Apr 27, 2022 | $0.43 | $0.68 | 55.60% | $223.8M | $291.6M |
| Q4 2021 | Jan 27, 2022 | $0.52 | $0.54 | 2.14% | $236.6M | $294.2M |
| Q3 2021 | Oct 21, 2021 | $0.51 | $0.51 | 0.24% | $223.3M | $274.6M |

## Frequently Asked Questions

### When did Covenant Logistics (CVLG) last report earnings?

Covenant Logistics last reported on Jul 29, 2026, covering fiscal Q2 2026.

### Did CVLG beat earnings estimates?

No. Covenant Logistics reported EPS of $0.42 for Q2 2026 against a $0.43 estimate — a 1.18% miss.

### How much revenue did CVLG report last quarter?

Covenant Logistics reported $332.9M in revenue for Q2 2026, against a consensus estimate of $334.5M.

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Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

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