ODFL Stock Recent News

Dividend growth investing requires patience but pays off. Low-yield stocks with strong growth potential can outperform high-yield picks over time, offering both income and capital appreciation. I focus on three stocks with fantastic business models, pricing power, and long-term growth potential. These picks align with my belief in balancing income and growth for a resilient portfolio. While not ideal for immediate income, these stocks are perfect for long-term investors. They offer compounding power, strong fundamentals, and the potential to beat the market.

Thank you to the Seeking Alpha community for your support! Reaching 40,000 followers is a dream come true. Your feedback fuels my work. I've invested 91% of my net worth in 23 high-conviction dividend stocks. Focused on wide-moat businesses, I prioritize quality and long-term growth over yield. My portfolio has outperformed the S&P 500, and I'm confident in its future. I expect a rotation to value stocks, and I'll keep sharing insights to grow together.

Old Dominion Freight Line, Inc. remains a solid company with stable revenues, impressive margins, and liquidity, despite a challenging LTL market environment. The stock appears overvalued with downside risks, but technical indicators suggest potential for range trading to balance risks and rewards. ODFL's efficient cost management and low borrowings enhance its resilience and adaptability to market volatility and recovery.

I believe we're at a turning point for cyclical stocks, with improving indicators and global growth signaling potential outperformance in industrials, energy, and transportation. I'm positioning my portfolio for this shift, adding to railroads, machinery, and energy stocks. I'm confident these sectors will see strong returns and accelerating dividend growth. Of course, risks remain - geopolitical tensions, inflation, or economic slowdowns could derail this trend. But for now, the risk/reward looks favorable.

Today’s trading reveals technology investors see the glass half empty at the moment. A tech malaise fueled by Google parent Alphabet (Nasdaq: GOOGL) and chipmaker AMD (Nasdaq: AMD) is pressuring the Nasdaq Composite and S&P 500 moderately lower while the Dow Jones Industrial Average is eking out a gain. The tech malaise can be blamed on Alphabet’s steep 8% drop, owing to a revenue shortfall coupled on top of an aggressive AI spending plan that didn’t sit well with Wall Street. AMD stock, a member of the Nasdaq Composite, is currently down 9% as of mid-morning. Amazon (Nasdaq: AMZN) shares are down in sympathy ahead of the company’s earnings report after the closing bell tomorrow. Key Points Tech is weighing on the Nasdaq Composite and S&P 500 while the Dow Jones Industrial Average is eking out modest gains. Google parent Alphabet stock is sinking 8% on aggressive AI capex plans despite a revenue miss. AMD shares are down a steep 9% on weak data center results, but Wall

Old Dominion Freight Line, Inc. (NASDAQ:ODFL ) Q4 2024 Earnings Conference Call February 5, 2025 10:00 AM ET Company Participants Jack Atkins - Director of Finance, IR Marty Freeman - President and CEO Adam Satterfield - CFO Conference Call Participants Jason Seidl - TD Cowen Jordan Alliger - Goldman Sachs Chris Wetherbee - Wells Fargo Jon Chappell - Evercore ISI Daniel Imbro - Stephens Eric Morgan - Barclays Brian Ossenbeck - JP Morgan Ken Hoexter - Bank of America Scott Group - Wolfe Research Bruce Chan - Stifel Bascome Majors - Susquehanna Mike Triano - UBS Ari Rosa - Citigroup Ravi Shanker - Morgan Stanley Joe Hafling - Jefferies Tyler Brown - Raymond James Operator [Call Started Abruptly] Freight Line Fourth Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode [Operator Instructions].

ODFL's revenues decline 7.3% year over year for the fourth quarter of 2024.

Although the revenue and EPS for Old Dominion (ODFL) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Old Dominion Freight Line (ODFL 7.29%), a leading less-than-truckload (LTL) carrier, reported Q4 2024 earnings on Wednesday, Feb. 5, that topped Wall Street's consensus estimates. EPS of $1.23 surpassed the forecast of $1.16.

Old Dominion Freight Line (ODFL) came out with quarterly earnings of $1.23 per share, beating the Zacks Consensus Estimate of $1.17 per share. This compares to earnings of $1.47 per share a year ago.