Covenant Logistics Group, Inc. (CVLG) reported a drop in profit for the third quarter, in line with Street estimates. Earnings totaled $9.09 million or $0.35 per share, compared to $13.03 million or $0.47 per share last year. Adjusted earnings were $11.52 million or $0.44 per share, meeting analyst expectations. Revenue for the period increased by 3.1% to $296.89 million. GAAP earnings summary: Earnings of $9.09 million, EPS of $0.35, and revenue of $296.89 million.

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