Old Dominion Freight Line, Inc. (ODFL) reported fourth-quarter net income of $9.7 million or $0.26 per share, compared with $11.0 million or $0.30 per share in the year-ago quarter. On average, 16 analysts polled by Thomson Reuters expected earnings of $0.23 per share. Analysts' estimates typically exclude special items.
Quarterly revenues totaled $310.9 million, compared with $335.8 million in the same quarter of last year. Wall Street analysts' consensus revenue estimate was $310 million.
The company said its revenue results reflect the tonnage decline and a reduction in its fuel surcharges due to the decrease in the average price of diesel fuel.
For 2009, net income was $34.9 million or $0.94 per share, compared to $68.7 million or $1.84 per share for 2008. Annual revenues amounted to $1.25 billion, lower than last year's $1.54 billion.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.