(USD) | Dec 2023 | Q/Q |
---|---|---|
Revenue | 1.5B | -1% |
Operating Income | 421MM | -5% |
Operating Expenses | 1.1B | - |
Net Income | 322.8MM | -5% |
Compensation | 671MM | +1% |
Amortization | 84.6MM | +1% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
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Old Dominion Freight Line, Inc. (NASDAQ:ODFL) Q1 2024 Earnings Call Transcript April 24, 2024 Old Dominion Freight Line, Inc. beats earnings expectations. Reported EPS is $1.34, expectations were $1.33. ODFL isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good morning, […]
Explore key financial outcomes and strategic discussions from ODFL's first quarter of 2024 earnings call.
Q1 2024 Old Dominion Freight Line Inc Earnings Call
Norfolk Southern (NSC) shares are falling during Wednesday's trading session after the company reported disappointing first-quarter results, missing analyst expectations on both revenue and adjusted EPS. The railroad freight operator cautions that the collapse of Baltimore's Francis Scott Key Bridge in March could have a substantial financial impact on the company with losses ranging from $25 million to $35 million per month, as supply chains face significant disruptions. Market Domination's Jul...
Old Dominion Freight Line reported a 2.6% rise in first-quarter profit even as it deals with continued softness in the domestic economy.
Is the freight carrier the growth stock you've been looking for?
An in-line earnings report and tepid guidance from Old Dominion sent shares of less-than-truckload carriers lower Wednesday. The post Old Dominion’s Q1 earnings meet estimate, but LTL stocks fall anyway appeared first on FreightWaves.
Steady Growth Amid Economic Challenges
Although the revenue and EPS for Old Dominion (ODFL) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
U.S. less-than-truckload carrier Old Dominion Freight Line reported first-quarter revenue below Wall Street estimates on Wednesday, as the company hauled less weight and shipments in the quarter. A shift in consumer spending post-pandemic coupled with global shipping logjams have constrained freight volumes in the industry, impacting profits at carriers such as Old Dominion. Old Dominion said it expects capital expenditure for 2024 to total approximately $750 million, with investments coming i...