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Kritika Sarmah

Earnings Preview: What to Expect From Old Dominion’s Report

With a market cap of $35.9 billion, Old Dominion Freight Line, Inc. (ODFL) is a leading U.S.-based less-than-truckload (LTL) freight carrier known for its premium service, operational efficiency, and strong on-time delivery performance. The North Carolina-based company operates a nationwide network of service centers, offering regional, inter-regional, and national LTL services.

ODFL set to release its second-quarter results before the markets open on Wednesday, Jul. 30. Ahead of the event, analysts expect ODFL to report a non-GAAP profit of $1.30 per share, down 12.2% from $1.48 per share reported in the year-ago quarter. On the bright side, the company has matched or surpassed the Street’s earnings estimates in each of the past four quarters.

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