May 10 (Reuters) - Covenant Transportation Group Inc :
* Covenant Transportation Group announces unfavorable court decision and impact on previously reported first quarter earnings
* Q1 earnings per share $0.03
* Q1 earnings per share view $0.02 — Thomson Reuters I/B/E/S
* Covenant Transportation Group Inc- reviewing its options regarding further appeals.
* Covenant Transportation- increased reserve will result in net loss of about $39 thousand, or $0.00 per diluted share for quarter ended March 31, 2017 Source text for Eikon: Further company coverage: