Old Dominion Freight Line Provides Update for First-Quarter 2020
Old Dominion Freight Line, Inc. (ODFL)
Last old dominion freight line, inc. earnings: 4/23 07:00 am
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Source: Business Wire
THOMASVILLE, N.C.--(BUSINESS WIRE)--Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today reported certain less-than-truckload (“LTL”) operating metrics for February 2020. Revenue per day decreased 1.0% as compared to February 2019 due to a 5.2% decrease in LTL tons per day that was partially offset by an increase in LTL revenue per hundredweight. The change in LTL tons per day was attributable to a 3.7% decrease in LTL shipments per day and a 1.5% decrease in LTL weight per shipment. For the quarter-to-date period, LTL revenue per hundredweight and LTL revenue per hundredweight excluding fuel surcharges increased 4.3% and 4.5%, respectively, as compared to the same period last year.Greg C. Gantt, President and Chief Executive Officer of Old Dominion, commented, “We are off to a good start in 2020, and our revenue trends for the first two months of the year are in alignment with our initial expectations. While our revenue for February was down on a year-over-year basis, our volume
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- Old Dominion Freight Line, Inc. (NASDAQ: ODFL) had its price target raised by analysts at Barclays PLC from $190.00 to $220.00. They now have an "equal weight" rating on the stock.MarketBeat
ODFL
Earnings
- 10/23/24 - In-Line
ODFL
Sec Filings
- 11/20/24 - Form 4
- 11/19/24 - Form 144
- 11/14/24 - Form SC
- ODFL's page on the SEC website