Old Dominion Freight Line, Inc. Profit Rises In Q4, Beats estimates

Old Dominion Freight Line, Inc. (ODFL) announced earnings for its fourth quarter that increased from the same period last year and beat the Street estimates.

The company's earnings totaled $278.81 million, or $2.41 per share. This compares with $189.83 million, or $1.61 per share, in last year's fourth quarter.

Analysts on average had expected the company to earn $2.26 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 31.8% to $1.41 billion from $1.07 billion last year.

Old Dominion Freight Line, Inc. earnings at a glance (GAAP) :

-Earnings (Q4): $278.81 Mln. vs. $189.83 Mln. last year.
-EPS (Q4): $2.41 vs. $1.61 last year.
-Analyst Estimate: $2.26
-Revenue (Q4): $1.41 Bln vs. $1.07 Bln last year.

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