Old Dominion Freight Line Reports Fourth Quarter 2020 Earnings Per Diluted Share Of $1.61
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Old Dominion Freight Line (ODFL) Tops Q4 EPS by 4c, Revenues Beat
February 4, 2021 7:05 AM ESTOld Dominion Freight Line (NASDAQ: ODFL) reported Q4 EPS of $1.61, $0.04 better than the analyst estimate of $1.57. Revenue for the quarter came in at $1.07 billion versus the consensus estimate of $1.05 billion.
Greg C. Gantt, President and Chief Executive Officer of Old Dominion, commented, Old Dominions fourth quarter financial results include a 6.4% increase in revenue and 34.2% increase in earnings per diluted share. The acceleration in our revenue growth during the fourth quarter was driven by an improving domestic economy and increased demand for our industry-leading service. In addition, our consistent and long-term investments in... More
