Weekly Comments – October 23, 2023 – CVLG, FIX, LXFR, MRTN

CVLG – Preview of quarter financial report.  This week Wednesday after the market close, Covenant Logistics is scheduled to report financial results for the third quarter ending September 2023.  A conference call to go over the details with shareholders and…

FIX  –  View ahead of quarter earnings release.  A week ago, the stock of Comfort Systems USA completed formation of a particularly bearish formation in point and figure chart called a Descending Triple Bottom Breakdown.  This signal is composed of…

LXFR  –  Outlook in advance of financial results.  Luxfer Holdings has already given traders a peak into financial results for the third quarter ending September 2023.  Two weeks ago, the Company released preliminary sales of $97.0 million and cash earnings…

MRTN – Updated view following quarter earnings release.  Last week Martin Transport reported total sales of $279.5 million, providing $13.6 million in net income or $0.17 per share.  During the earnings conference call, management admitted the Company has…

 

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