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Kritika Sarmah

What You Need to Know Ahead of Old Dominion Freight Line's Earnings Release

Old Dominion Freight Line ODFL

Old Dominion Freight Line, Inc. (ODFL), headquartered in Thomasville, North Carolina, is a top North American less-than-truckload (LTL) motor carrier. It operates an extensive network of service centers across the continental United States and partners strategically to expand its LTL services throughout North America. The company's current market cap stands at $41.3 billion, and it plans to release its Q2 earnings for fiscal 2024 before the market opens on Wednesday, Jul. 24, 2024. 

Ahead of the event, analysts expect Old Dominion Freight Line to report a profit of $1.45 per share, up 9% from $1.33 per share in the year-ago quarter. The company has exceeded Wall Street’s EPS estimates in each of the last four quarters.

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