Q2 FY2026 EarningsQ2 FY26 results missed consensus across bottom-line metrics despite a slight revenue beat. Revenue reached $332.9M (+9.9% YoY) vs. $334.4M expected, driven by the Star acquisition and Dedicated segment growth. However, GAAP Diluted EPS of $0.32 missed the $0.45 mean estimate, and EBIT of $8.8M fell significantly short of the $15.5M consensus due to elevated operations and maintenance costs and a disappointing 97.3% operating ratio. Management expects a modest sequential increase in EPS for Q3 FY26, though insurance volatility remains a structural headwind.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: Covenant Logistics(CVLG) the Revenue is 332.87 M (+9.91%), Miss estimate;the EBIT is 12.17 M (-18.98%), Miss estimate;the EPS is 0.32 (-11.11%), Miss estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueMiss expectations
0.33B9.91%
0.33B10.41%
-0.00B0.50%
EBITMiss expectations
0.01B18.98%
0.02B2.87%
-0.00B21.85%
EPSMiss expectations
0.3211.11%
0.4525.00%
-0.130036.11%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf