Covenant Logistics Group, Inc. Announces Delay of Second Quarter Earnings Release and Conference Call

Rhea-AI Summary

Covenant Logistics Group (Nasdaq: CVLG) has delayed its second quarter earnings release, which was originally set for July 22, 2020, at 4:00 p.m. Eastern. Consequently, the live conference call to discuss these earnings, planned for July 23, at 11:00 a.m., will also be postponed. Covenant provides a range of transportation and logistics services across the U.S., including expedited and dedicated trucking, warehousing, transportation management, and freight brokerage.

Positive

• None.

Negative

• Delay in the second quarter earnings release may indicate underlying issues.
• Postponement of the conference call could lead to uncertainty among investors.

CHATTANOOGA, Tenn., July 22, 2020 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (Nasdaq/GS: CVLG) announced it will delay the release its second quarter earnings that was previously scheduled for after 4:00 p.m. Eastern time on Wednesday, July 22, 2020, as well as the live conference call to discuss its second quarter earnings release scheduled for Thursday, July 23, at 11:00 a.m. Eastern time. 

Covenant Logistics Group, Inc., through its subsidiaries, offers a portfolio of transportation and logistics services to customers throughout the United States. Primary services include asset-based expedited, dedicated, and irregular route truckload capacity, as well as asset-light warehousing, transportation management, and freight brokerage capability.  In addition, Transport Enterprise Leasing is an affiliated company providing revenue equipment sales and leasing services to the trucking industry. Covenant's Class A common stock is traded on the NASDAQ Global Select market under the symbol, “CVLG.”

For further information contact:
Richard B. Cribbs, Senior Vice President of Strategy & Investor Relations, Treasurer       
RCribbs@covenanttransport.com 
      
M. Paul Bunn, Executive Vice President, Chief Financial Officer
PBunn@covenanttransport.com 

For copies of Company information contact:
Theresa Ives, Executive Administrative Assistant                                                                
TIves@covenanttransport.com 

FAQ

When will Covenant Logistics Group release its second quarter earnings?

The release date for Covenant's second quarter earnings has been delayed, with no new date provided.

What is the reason for the delay in Covenant Logistics Group's earnings release?

The press release does not specify the reason for the delay in the earnings release.

What services does Covenant Logistics Group provide?

Covenant offers transportation and logistics services, including expedited and dedicated truckload capacity, warehousing, and freight brokerage.

What is the stock symbol for Covenant Logistics Group?

Covenant Logistics Group is traded on NASDAQ under the symbol CVLG.