ODFL News and Press, Old Dominion Freight Line Inc. From 02/01/23

Old Dominion Freight Line ( NASDAQ: ODFL ) notched a big bottom line beat for the fourth quarter, benefiting from efficiency improvements. The North Carolina-based transportation company reported $2.92 in earnings per share, $0.25 above consensus estimates while $1.49B in reve...

Old Dominion Freight Line ( NASDAQ: ODFL ) declares $0.40/share quarterly dividend , 33.3% increase from prior dividend of $0.30. Forward yield 0.48% Payable March 15; for shareholders of record March 1; ex-div Feb. 28. See ODFL Dividend Scorecard, Yield Chart, &...

Old Dominion Freight Line press release ( NASDAQ: ODFL ): Q4 GAAP EPS of $2.92 beats by $0.25 . Revenue of $1.49B (+5.7% Y/Y) misses by $10M . The operating ratio for the fourth quarter improved 240 basis points to 71.2% as compared to the fourth quarter of 2021. T...

Quarterly Cash Dividend to Increase 33.3% to $0.40 Per Share Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced financial results for the three-month and twelve-month periods ended December 31, 2022. Greg C. Gantt, President and Chief Executive Officer of Old Dominion,...

The board of Old Dominion Freight Line ( NASDAQ: ODFL ) elected Kevin Freeman president and CEO, effective Jul. 1. Freeman succeeds Greg Gantt, who will retire from Jun. 30, but expects to remain a board member. Freeman has served as executive vice president and COO...

Kevin M. (“Marty”) Freeman to Succeed Greg C. Gantt as President and CEO Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced that effective July 1, 2023, its Board of Directors has elected Kevin M. (“Marty”) Freeman to succeed Greg C. Gantt a...

Old Dominion Freight Line ( NASDAQ: ODFL ) is scheduled to announce Q4 earnings results on Wednesday, February 1st, before market open. The consensus EPS Estimate is $2.67 (+10.8% Y/Y) and the consensus Revenue Estimate is $1.5B (+6.4% Y/Y). Over the last 2 years, ODFL has b...

Old Dominion Freight Line ( NASDAQ: ODFL ) stock slid on Monday after Credit Suisse moved to a bearish rating. Equity analyst Ariel Rose wrote that it is “time for a breather” for trucking stocks, with a recent rally across the space elevating downside risk. While commen...

While high-yield dividend stocks generate more excitement than the lower yielders, dividend growth stocks may be better for buy-and-hold-forever investors. That's because many high yields are unsustainable. And the remaining group that is well-funded can often only afford tiny payout raises -- ju...

Summary In this article, we start by assessing the many reasons that make Old Dominion an outperforming trucking company that never seems to trade at an attractive price. The company benefits from a superior business model, allowing for high margins, strong pricing, and a very healthy b...