ODFL Stock Recent News

THOMASVILLE, N.C.--(BUSINESS WIRE)--Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced financial results for the three-month and twelve-month periods ended December 31, 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       Twelve Months Ended       December 31,       December 31,     (In thousands, except per share amounts) 2024   2023   % Chg.   2024   2023   % Chg.

Besides Wall Street's top -and-bottom-line estimates for Old Dominion (ODFL), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2024.

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.

ODFL's fourth-quarter 2024 top line is expected to have suffered from the freight market downturn and economic uncertainties.

Price action is typically the first sign of the market's sentiment toward a stock, industry, or group of stocks, which means that breakout stocks or ones that have seen favorable price action lately are bound to keep doing well just as long as the initial reason for a breakout is sustainable and rooted in strong fundamental themes. Today, this is the case for a list of transportation stocks, particularly in the trucking industry.

Tampa, FL, Jan. 20, 2025 (GLOBE NEWSWIRE) -- BlueGrace Logistics (BlueGrace), a leading Third-Party Logistics (3PL) provider operating within North America, is excited to announce the recipients of its 2024 LTL (Less-Than-Truckload) Carrier Awards, honoring carriers who demonstrate exceptional service, reliability, and dedication to delivering value in the logistics industry. Following a comprehensive review of carrier performance over the past year, the company recognizes Southeastern Freight Lines as the Regional Carrier of the Year and Old Dominion Freight Line as the National Carrier of the Year, earning them both recognition for the second consecutive year.

Texas Pacific Land and Taiwan Semiconductor Manufacturing were top contributors for both the quarter and the year, showcasing strong earnings growth and strategic market positioning. Despite Texas Pacific Land's strong performance, we sold our positions due to overvaluation driven by index additions, with plans to re-invest post-market correction. Edwards Lifesciences' EARLY TAVR trial results highlight significant potential for expanding aortic stenosis treatment, positioning the company for double-digit earnings growth in the coming years.

Inflation remains a key concern, but I've identified three exceptional stocks that thrive in these conditions, offering growth, income, and resilience. These stocks are backed by strong fundamentals, pricing power, and a history of delivering value, making them ideal picks for inflationary times. With a long-term perspective, I'm confident these investments can weather economic challenges and compound returns for years to come.

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 2024 financial results before opening of trading on Wednesday, February 5, 2025. The Company will also hold a conference call to discuss its financial results and outlook at 10:00 a.m. (Eastern Time) on Wednesday, February 5, 2025. An online, real-time webcast of Old Dominion's quarterly conference call will be available at ir.odfl.com on We.

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