Old Dominion Freight Line, Inc. reports results for the quarter ended September 30 - Earnings Summary

• Old Dominion Freight Line, Inc. reported quarterly adjusted earnings of $1.65​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $1.28. The mean expectation of twenty four analysts for the quarter was for earnings of $1.62 per share. Wall Street expected results to range from $1.58 to $1.67 per share.

• Revenue rose 13.1% to $1.59 billion from a year ago; analysts expected $1.56 billion.

• Old Dominion Freight Line, Inc.'s reported EPS for the quarter was $1.65​.

• The company reported quarterly net income of $343.75 million.

• Old Dominion Freight Line, Inc. shares had risen by 7.6% this quarter and gained 19.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 2.7% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy," 15 "hold" and no "sell" or "strong sell." The average consensus recommendation for the ground freight & logistics peer group is also "buy"

• Wall Street's median 12-month price target for Old Dominion Freight Line, Inc. is $229.50, about 18.5% above its last closing price of $187.03

This summary was machine generated from LSEG data October 28 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)