Deutsche Bank Upgrades Old Dominion Freight Line (ODFL) to Hold

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Go back to Deutsche Bank Upgrades Old Dominion Freight Line (ODFL) to Hold

Old Dominion Freight Line (ODFL) Tops Q3 EPS by 17c, Revenues Beat

October 25, 2018 7:08 AM EDT

Old Dominion Freight Line (NASDAQ: ODFL) reported Q3 EPS of $2.12, $0.17 better than the analyst estimate of $1.95. Revenue for the quarter came in at $1.06 billion versus the consensus estimate of $1.05 billion.

Old Dominion Freight Lines third quarter represents another period of substantial growth with results that included many new Company records, remarked Greg C. Gantt, the Companys President and Chief Executive Officer. We continued to benefit from the strong domestic economy and available capacity within our service center network, which supported our ability to win market share during the quarter. Revenue... More