ODFL News and Press, Old Dominion Freight Line Inc. From 05/18/22

Wall Street endured a tsunami of selling on Wednesday, as disappointing results from Target concentrated anxiety about inflation and the consumer. The Dow declined nearly 1,200 points, while the Dow and Nasdaq each retreated more than 4%. With Target's results sitting at the epicenter of the ...

Trucking stocks were trading in red on Wednesday, with the S&P 500 Trucking Index (SP500-20304020) down ~11% and the Nasdaq Combined Transportation Index (TRAN) down over 5%. According to a Bloomberg report, trucking and logistics stocks fell amid weak outlook from retailers, includi...

Image source: The Motley Fool. Old Dominion Freight Line (NASDAQ: ODFL) Q1 2022 Earnings Call Apr 27, 2022 , 10:00 a.m. ET Operator Continue reading For further details see: Old Dominion Freight Line (ODFL) Q1 2022 Earnings Call Transcrip...

Old Dominion Freight Line, Inc. (ODFL) Q1 2022 Earnings Conference Call April 27, 2022 10:00 AM ET Company Participants Drew Anderson - Senior Director, Product Management Greg Gantt - President and Chief Executive Officer Adam Satterfield - Senior Vice President, Finance, Chief Financial Off...

Old Dominion Freight Line press release (NASDAQ:ODFL): Q1 GAAP EPS of $2.60 beats by $0.19. Revenue of $1.5M (-99.9% Y/Y) misses by $1.46B. Old Dominion’s net cash provided by operating activities was $388.7 million for the first quarter of 2022. The Company had $262.1 million in cash ...

Operating Ratio Improves to 72.9% Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced financial results for the three-month period ended March 31, 2022. Greg C. Gantt, President and Chief Executive Officer of Old Dominion, commented, “Old Dominion i...

Old Dominion Freight Line (NASDAQ:ODFL) is scheduled to announce Q1 earnings results on Tuesday, April 26th, after market close. The consensus EPS Estimate is $2.41 (+41.8% Y/Y) and the consensus Revenue Estimate is $1.46B (+29.2% Y/Y). Over the last 1 year, ODFL has beaten EPS estimates 75% ...

Despite underwhelming returns as of late and late-cycle fears, Susquehanna analyst Bascome Majors is voicing bullishness on the road ahead for trucking and logistics names. In a sweeping upgrade note, Majors moved his ratings upward to positive for J.B. Hunt Transport (NASDAQ:JBHT), Hub Group...

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The Old Dominion Freight Line is one of my all-time favorite transportation stocks, thanks to its ability to generate strong growth and shareholder value. The stock price has come down a lot as trucking companies are now suffering from the ongoing economic downturn. In this articl...