Examining the Future: Old Dominion Freight Line's Earnings Outlook

Old Dominion Freight Line ODFL will release its quarterly earnings report on Wednesday, 2024-10-23. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate Old Dominion Freight Line to report an earnings per share (EPS) of $1.44.

Investors in Old Dominion Freight Line are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.

It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.

Historical Earnings Performance

During the last quarter, the company reported an EPS beat by $0.03, leading to a 5.69% increase in the share price on the subsequent day.

Performance of Old Dominion Freight Line Shares

Shares of Old Dominion Freight Line were trading at $198.05 as of October 21. Over the last 52-week period, shares are up 6.41%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for Old Dominion Freight Line visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.