What caused CVLG's EPS to decline in Q3 2024?

The decline in Covenant Logistics Group's (CVLG) EPS in Q3 2024 can be attributed to several factors: 1. **Revenue Shortfall**: Although the company's revenue increased by 4.9% year-over-year to $287.5 million, it missed analysts' expectations by 1.75%. This shortfall in revenue could contribute to the decline in EPS. 2. **Increased Expenses or Costs**: Without specific information on CVLG's expense changes, it's challenging to pinpoint the exact cause. However, if the company faced increased costs such as fuel, labor, or maintenance, these additional expenses could eat into their profit margins, leading to a decrease in EPS. In conclusion, CVLG's EPS decline in Q3 2024 may be a result of a combination of factors, including revenue shortfall and increased expenses or costs. Further details about the company's financial performance and market conditions during the period would provide a more comprehensive analysis.