Trucker ODFL’s Earnings Slip as Freight Demand Weakens
Old Dominion Freight Line’s profit and revenue slipped in the third quarter as declining freight demand offset improved pricing. The Thomasville, N.C.,-based trucker posted a profit of $308.6 million,
Old Dominion Freight Line Earnings: What To Look For From ODFL
CSX delivered year-on-year revenue growth of 1.3%, missing analysts’ expectations by 1.5%, and FedEx reported flat revenue, falling short of estimates by 1.5%. CSX traded down 6.7% following the results while FedEx was also down 15.
Old Dominion Freight Line Q3: Misses On Earnings And Revenue As Economic Headwinds Weigh
Old Dominion Freight Line, Inc. (NASDAQ:ODFL) shares are trading lower following third-quarter results. The company reported a revenue decline of 3.0% year-over-year to $1.470 billion, missing the consensus of $1.
Old Dominion: Q3 Earnings Snapshot
THOMASVILLE, N.C. (AP) — THOMASVILLE, N.C. (AP) — Old Dominion Freight Line Inc. (ODFL) on Wednesday reported third-quarter earnings of $308.6 million. The Thomasville, North Carolina-based company said it had profit of $1.43 per share.
Old Dominion Freight Line (ODFL) Q3 Earnings Match Estimates
Old Dominion Freight Line (ODFL) came out with quarterly earnings of $1.43 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $1.55 per share a year ago. These figures are adjusted for non-recurring items.
Old Dominion Freight Line Inc. (ODFL): Leading LTL Shipping with Strong Growth
We recently published a list of 7 Best Delivery Stocks To Invest In Now. In this article, we are going to take a look at ...
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Old Dominion Freight Line Inc (ODFL) Stock Price Reaches $199.55: What Factors Are Influencing This Level?
On Tuesday, Old Dominion Freight Line Inc (ODFL) stock saw a modest uptick, ending the day at $199.55 which represents a slight increase of $1.50 or 0.76% from the prior close of $198.05. The stock ...
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3 Freight and Logistics Stocks to Watch as Global Trade Rebounds
The freight and logistics industry is booming thanks to the growing demand, substantial infrastructure investments, and trade ...
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Old Dominion Freight Line (NASDAQ:ODFL) Misses Q3 Revenue Estimates
Freight carrier Old Dominion (NASDAQ:ODFL) missed Wall Street’s revenue expectations in Q3 CY2024, with sales falling 3% ...
Freight recovery could still be two years away
Industrial demand – which accounts for two-thirds of LTL traffic – remains sluggish, Chamoun says, and the lag between lower ...
Old Dominion downgraded to Hold from Buy at Stifel
Stifel downgraded Old Dominion (ODFL) to Hold from Buy with a price target of $197, down from $209, as part of a Q3 earnings preview. Less than ...
Old Dominion Freight Line Faces Sluggish Industrial Demand, Analyst Downgrades Stock
Old Dominion Freight Line, Inc. (NASDAQ:ODFL) shares are trading slightly lower on Friday. BMO Capital Markets analyst Fadi ...