ODFL Stock Recent News
ODFL LATEST HEADLINES
Old Dominion Freight Line is a compelling choice for both dividend and growth investors due to its impressive track record of organic growth and efficient operations. The company has a resilient growth strategy, consistently expanding its market share despite intense industry competition. ODFL's strong financials, including a healthy balance sheet and robust free cash flow generation, support its ability to navigate economic challenges and pursue strategic growth.
Old Dominion Freight Line hit its numbers for sales and earnings this morning -- but investors are still upset. Analysts have been forecasting 20%-plus growth rates for the company, but this quarter Old Dominion grew earnings just 4%.
Old Dominion's (ODFL) Q1 revenues increase 1.2% year over year.
Although the revenue and EPS for Old Dominion (ODFL) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Old Dominion (ODFL), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended March 2024.
Old Dominion and other truckers are falling today following an earnings miss from J.B. Hunt. Hunt, who is considered a good operator, was hit with soft demand and rising costs in the quarter.
Revenues are likely to have been weak at Old Dominion (ODFL) in Q1 due to the downturn with respect to freight demand.
Old Dominion (ODFL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
THOMASVILLE, N.C.--(BUSINESS WIRE)--Old Dominion Freight Line, Inc. (Nasdaq: ODFL) announced today that it plans to release its first quarter 2024 financial results before opening of trading on Wednesday, April 24, 2024. The Company will also hold a conference call to discuss its financial results and outlook at 10:00 a.m. (Eastern Time) on Wednesday, April 24, 2024. An online, real-time webcast of Old Dominion's quarterly conference call will be available at ir.odfl.com on Wednesday, April 24,.
High capex is likely to weigh on Old Dominion's (ODFL) bottom line.