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Old Dominion topped quarterly earnings expectations despite a continued soft operating environment. It could take a while for the trucking slump to end, but Old Dominion is well positioned to survive and thrive when demand improves.
Old Dominion Freight Lines (ODFL) is a top dividend growth stock, excelling in the less-than-truckload ("LTL") segment with remarkable efficiency and service. In 2Q24, ODFL showcased strong pricing power, improved volumes, and a lowered operating ratio, reflecting its operational excellence and strategic investments. With minimal debt, proactive buybacks, and impressive dividend growth, ODFL stands out as a resilient investment, poised for long-term gains in any market condition.
MEMPHIS, Tenn.--(BUSINESS WIRE)--6x ACM Award Group of Year Old Dominion will receive the 2024 Angels Among Us Award this October for outstanding commitment and service to the mission of St. Jude Children's Research Hospital®: Finding cures. Saving children.® Old Dominion joins an illustrious group of past recipients including Randy Owen, Brothers Osborne, Scotty McCreery, Florida Georgia Line, Lady A, Jake Owen, Brad Paisley and Darius Rucker. "It's truly humbling to be awarded the Angels Amon.
Earnings per share (EPS) of $1.48 beats analyst consensus estimates. Total revenue of $1.498 billion misses the estimate of $1.499 billion.
Old Dominion's (ODFL) revenues increase by 6..1% year over year in Q2.
The headline numbers for Old Dominion (ODFL) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Old Dominion Freight Line (ODFL) came out with quarterly earnings of $1.48 per share, beating the Zacks Consensus Estimate of $1.45 per share. This compares to earnings of $1.33 per share a year ago.
THOMASVILLE, N.C.--(BUSINESS WIRE)--Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced financial results for the three-month and six-month periods ended June 30, 2024. All prior-period share and per share data in this release have been adjusted to reflect the Company's March 2024 two-for-one stock split. Three Months Ended Six Months Ended June 30, June 30, (In thousands, except per share amounts) 2024 2023 % Chg. 2024 2023 % Chg. Total revenue $ 1,.
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.
Old Dominion's (ODFL) second-quarter 2024 results are likely to be aided by low costs.