UPDATE 1-Old Dominion sees strong trucking demand in 2018 [Reuters]
Old Dominion Freight Line, Inc. (ODFL)
Last old dominion freight line, inc. earnings: 4/23 07:00 am
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Source: Reuters
Old Dominion sees strong trucking demand in 2018 | Reuters Reuters Staff 2 Min Read (Reuters) - Trucking firm Old Dominion Freight Line Inc ( ODFL.O ) said on Thursday it was seeing strong demand in 2018 for its less-than-truckload services, fueled by a stronger domestic economy. The robust trucking environment should help the Thomasville, North Carolina-based carrier, which hauls loads from several companies on a single trailer, charge higher prices for the freight it carries due to tightened industry capacity. “As we enter 2018, we are encouraged by our recent trends that demonstrate continued customer demand for our services and a strong domestic economy,” said Old Dominion Chief Executive Officer David Congdon as the company reported better-than-expected quarterly results. Old Dominion, which also runs warehouses and brokerage services in North America, announced fourth-quarter profit of $197.25 million, or $2.39 per diluted share, compared with $68.51 million, or 83 cents a dil
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News
- Old Dominion (ODFL) Q1 Earnings on the Horizon: Analysts' Insights on Key Performance Measures [Yahoo! Finance]Yahoo! Finance
- Estes to open at least 20 terminals this year [Yahoo! Finance]Yahoo! Finance
- Old Dominion Freight Line, Inc. (NASDAQ: ODFL) had its price target raised by analysts at Raymond James from $207.50 to $233.00. They now have an "outperform" rating on the stock.MarketBeat
- Those who invested in Old Dominion Freight Line (NASDAQ:ODFL) five years ago are up 319% [Yahoo! Finance]Yahoo! Finance
- Old Dominion Freight Line, Inc. (NASDAQ: ODFL) had its price target lowered by analysts at JPMorgan Chase & Co. from $233.00 to $231.00. They now have a "neutral" rating on the stock.MarketBeat
ODFL
Earnings
- 1/31/24 - Beat
ODFL
Sec Filings
- 4/15/24 - Form ARS
- 4/15/24 - Form DEF
- 4/2/24 - Form 4
- ODFL's page on the SEC website