Old Dominion Freight Line shares rise on earnings beat
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Price: $217.65 -0.14%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.5%
Revenue Growth %: +7.1%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.5%
Revenue Growth %: +7.1%
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Investing.com -- Shares of Old Dominion Freight Line Inc are trading roughly 4% higher on Wednesday after the company reported strong results.
The freight transportation company posted first-quarter earnings per share of $1.14, surpassing analyst estimates of $1.05 by $0.09. Revenue for the quarter reached $1.33 billion, exceeding the consensus estimate of $1.31 billion.
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