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Aditya Sarawgi

Old Dominion Freight Line's Quarterly Earnings Preview: What You Need to Know

Old Dominion Old Dominion Freight Line ODFL

Thomasville, North Carolina-based Old Dominion Freight Line, Inc. (ODFL) is one of the largest North American less-than-truckload (LTL) motor carriers and provides regional, inter-regional and national LTL services. With a market cap of $32.2 billion, Old Dominion’s offerings also include various value-added services, including container drayage, truckload brokerage, and supply chain consulting.

The trucking giant is set to release its first-quarter results before the markets open on Wednesday, Apr. 23. Ahead of the event, analysts expect ODFL to report a non-GAAP profit of $1.15 per share, down 14.2% from $1.34 per share reported in the year-ago quarter. Meanwhile, the company has matched or surpassed the Street’s earnings estimates in each of the past four quarters.

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