CVTI - コヴナント・トランスポ―テ―ション・グル―プ (Covenant Transportation Group Inc.)

CVTIのニュース

   'Worst' Market In 47 years As Restructuring At Covenant Continues  2020/05/20 20:55:22 Benzinga Feeds
Covenant Transportation Group (NASDAQ: CVTI ) sees progress on its strategic plan, which is centered on replacing poorly performing freight, shuttering terminals and trimming its asset-based fleet. The Chattanooga, Tennessee-based truckload (TL) carrier reported a first quarter adjusted net loss of $1.7 million, $0.09 per share, a penny ahead of the consensus estimate. Part of Covenant's organizational refocus is to better allocate capital to higher margin offerings like contract logistics and expedited. In alignment with these efforts, the company plans to reduce its 3,000-unit tractor fleet by 12% to 14% by year-end to improve equipment utilization. A good portion of asset disposals took place in April. The company has also lowered expenses throughout the organization through layoffs, suspending the 401k match and executive salary reductions. Management expects to see relief on several expense lines – salaries, wages and benefits; taxes and licenses; depreciation; communications; maintenance and interest expense – moving forward given the recent actions taken.
   Covenant Transportation : 1ST QTR 2020 SCRIPT | MarketScreener  2020/05/20 14:39:21 MarketScreener
Covenant Transportation Group 1st Quarter 2020 Conference Call Mr. Cribbs- Good morning and welcome to our first quarter conference call. Joining me on the call… | May 20, 2020
   Covenant Transportation (CVTI) Reports Q1 Loss, Tops Revenue Estimates  2020/05/19 21:15:07 Zacks Investment Research
Covenant Transportation (CVTI) delivered earnings and revenue surprises of 10.00% and 10.48%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
   Covenant Transportation : CTG ANNOUNCES TIMING OF 1ST QUARTER 2020 EARNINGS RELEASE AND CONFERENCE CALL | MarketScreener  2020/05/18 13:51:06 MarketScreener
COVENANT TRANSPORTATION GROUP, INC. ANNOUNCES TIMING OF FIRST QUARTER EARNINGS RELEASE AND CONFERENCE CALL … | May 18, 2020
   Why Covenant Transportation Group (CVTI) Might Surprise This Earnings Season  2020/04/22 12:30:00 Zacks Investment Research
Covenant Transportation Group (CVTI) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

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