ODFL Stock Recent News

THOMASVILLE, N.C.--(BUSINESS WIRE)--Old Dominion Freight Line, Inc. (Nasdaq: ODFL) announced today that it plans to release its fourth quarter and year-end 2023 financial results before opening of trading on Wednesday, January 31, 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, January 31, 2024. An online, real-time webcast of Old Dominion's quarterly conference call will be available at ir.odfl.com on We.

Old Dominion's (ODFL) revenue per day fell nearly 1% year over year in November 2023 due to a 2.3% decrease in LTL tons per day.

Old Dominion (ODFL) is hurt by lackluster freight-demand scenario. Efforts to reward its shareholders are, however, praiseworthy.

Marty Freeman, CEO at Old Dominions, joins 'Squawk on the Street' to discuss the company's latest quarter, why he believes the stock should bounce back, and more.

Marty Freeman, CEO at Old Dominions, joins ‘Squawk on the Street' to discuss the company's latest quarter, why he believes the stock should bounce back, and more.

Old Dominion's (ODFL) third-quarter 2023 earnings and revenues decline year over year.

Old Dominion Freight Line, Inc. (NASDAQ:ODFL ) Q3 2023 Earnings Conference Call October 25, 2023 10:00 AM ET Company Participants Drew Andersen - Investor Relations Kevin Freeman - President and Chief Executive Officer Adam Satterfield - Executive Vice President of Finance and Chief Financial Officer Conference Call Participants Allison Poliniak - Wells Fargo Securities, LLC Jack Atkins - Stephens Inc. Ravi Shanker - Morgan Stanley Christian Wetherbee - Citigroup Inc. Scott Group - Wolfe Research, LLC Amit Mehrotra - Deutsche Bank Jonathan Chappell - Evercore ISI Thomas Wadewitz - UBS Jordan Alliger - Goldman Sachs Group Eric Morgan - Barclays Bank PLC Kenneth Hoexter - Bank of America Merrill Lynch Bascome Majors - Susquehanna Financial Group Bruce Chan - Stifel, Nicolaus & Company Stephanie Moore - Jefferies Operator Good morning, and welcome to the Old Dominion Freight Line Third Quarter 2023 Earnings Conference Call. All participants will be in a listen-only mode.

Old Dominion Freight Line (ODFL) came out with quarterly earnings of $3.09 per share, beating the Zacks Consensus Estimate of $2.89 per share. This compares to earnings of $3.36 per share a year ago.

Does Old Dominion Freight Line (ODFL) have what it takes to be a top stock pick for momentum investors? Let's find out.

Old Dominion has a 3 & 5-year dividend growth rate of 38.33% and 35.64% respectively. The company has grown its revenues & net income at a CAGR of 12.8% over the past two decades. They also have a very low Net debt to EBITDA making them well-prepared to navigate a higher for longer interest rate environment.