Covenant Logistics Q3 2026 operating income jumps 58% year over year to $12.49 million

Bitget2026/10/29 20:17

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Covenant Logistics Group’s third-quarter 2026 diluted earnings rose 14% year over year to $0.40 per share.
Revenue climbed 19% year over year to $353.89 million.
Approximately 80% of fleet assets were under long-term contracts at quarter-end, with customers seeking additional committed capacity.
Management expects fourth-quarter 2026 earnings per share to increase sequentially, with asset-based margin improvements partly offset by lower TEL investment income.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Covenant Logistics Group Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610291605PRIMZONEFULLFEED9856179) on October 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Covenant Logistics Q3 2026 operating income jumps 58% year over year to $12.49 million

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