Investors and market participants can look forward to the unveiling of Old Dominion Freight Line (NASDAQ: ODFL) third quarter financial results on Wednesday 23rd October 2024. This important update will be made available before market open.
According to predictions from financial analysts on Wall Street, the company is expected to report an estimated per share $1.42 profit for the quarter. Furthermore, the company is anticipated to unveil a total revenue of $1.49 billion during this period.
Analysts have provided their projections for the company's full-year performance, revealing that they expect the company to generate a total revenue of $5.92 billion. At the same time, the earnings per share for the company are also anticipated to reach profit of $5.58 during the fiscal year.
The company's earnings report for the same quarter in the previous year revealed a per-share income of $1.55, attributed to the company's total revenue of $1.52 billion.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $1.48 | -44.2% | 1.50 B | +6.1% |
| Q1 2024 | $1.34 | -48.1% | 1.46 B | +1.2% |
| Q4 2023 | $1.47 | -49.7% | 1.50 B | +0.3% |
| Q3 2023 | $1.55 | -53.9% | 1.52 B | -5.5% |
| Q2 2023 | $2.65 | -19.7% | 1.41 B | -15.3% |
| *Growth on year-over-year basis | ||||
Additionally, The company will host a conference call with investors and analysts on 23rd October 2024 at 10:00 AM eastern time to review the Q3 2024 financial results.
The day's trading saw Old Dominion Freight Line (ODFL) shares hit a low of $196.10 and a high of $198.49, with a day volume of 1.24 million shares. The stock closed the regular trading session at $198.05, reflecting 0.75 percent downfall.
