Covenant Logistics stock heads toward October 29 earnings release

Published on 10/15/2026 at 20:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue reached USD 332.90 million in the second quarter. Covenant Logistics stock costs EUR 27.40 on October 15, 2026 at 8:36 p.m. CEST.

Scheduled earnings and valuation

Covenant Logistics plans its third-quarter release for October 29, 2026.
Second-quarter revenue reached USD 332.90 million, up 8.40 percent from the prior quarter.
Covenant Logistics stock costs EUR 27.40 at Lang & Schwarz on October 15, 2026 at 8:36 p.m. CEST.
Market capitalization stood at USD 811.0 million on October 15, 2026.

CVLG, US22284P1057, Illustration mit AI erstellt.

Covenant Logistics Group plans to release its third-quarter earnings after 4:00 p.m. ET on October 29, 2026, with a conference call scheduled for October 30. The company said the release timing in a statement carried by GlobeNewswire on October 2, 2026. Covenant Logistics stock was at EUR 27.40 at Lang & Schwarz on October 15, 2026 at 8:36 p.m. CEST.

Revenue growth meets a weaker profit

The latest operating picture combines higher freight revenue with lower earnings. In the second quarter of 2026, revenue reached USD 332.90 million, up 8.40 percent from the prior quarter, while net income came to USD 8.50 million, down 13.00 percent from the year-ago period, according to TheDesperateTrader. Diluted earnings per share were USD 0.32 for the quarter ended June 30, 2026.

Analyst target remains above the stock

TD Cowen lowered its price target for Covenant Logistics from USD 43.00 to USD 42.00 on October 5, 2026, while keeping a Buy rating, Markets Insider reported. The note cited cooler spot trends and rising driver and energy costs during the third quarter. The next earnings release gives investors a defined date for testing whether those pressures affected the operating result.

Market value and exchange context

Covenant Logistics had a market capitalization of USD 811.0 million and a 52-week range of USD 18.00 to USD 49.88 on October 15, 2026, according to TheDesperateTrader. On the NYSE, the stock stood at USD 30.65 on October 15, 2026. Covenant Logistics provides expedited and dedicated truckload capacity, managed freight, warehousing, brokerage and equipment leasing services in the United States.

What comes next for the stock

The October 29 release is the next scheduled company event, with the October 30 conference call providing management commentary on the quarter. The combination of USD 332.90 million in quarterly revenue and USD 8.50 million in net income leaves operating profitability as the key figure to revisit when the results arrive.

Price and scheduled dates

Covenant Logistics stock was trading at EUR 27.40 at Lang & Schwarz on October 15, 2026 at 8:36 p.m. CEST. The primary-market quotation stood at USD 30.65 on the NYSE on October 15, 2026.