News
ODFL
195.06
-11.05%
-24.22
Old Dominion Freight: Hold Rating with Cautious Outlook on Mixed Q1 Earnings and Future Growth Potential
TipRanks · 5h ago
Why Old Dominion Freight Line Stock Crashed on Wednesday
Old Dominion Freight Line shares fell 10.2% after meeting expectations for its first-quarter earnings. The company's stock has been outperforming the S&P 500. But the company's sales growth was barely 1% in Q1. Old Dominion has been expected to grow earnings 23% annually.
The Motley Fool · 10h ago
Stocks Fluctuate on Rising Bond Yields
NASDAQ · 11h ago
Old Dominion results weigh on trucking sector as industry challenges persist
Old Dominion Freight Line (ODFL) reports a 10% drop in shares. The company is the latest in a string of carriers to report disappointing results. Knight-Swift, J.B. Hunt and Heartland Express are also down. Old Dominion results come as the trucking sector continues to face challenges.
Seeking Alpha · 11h ago
Why Teledyne Technologies Shares Are Trading Lower By 9%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session
Shares of Teledyne Technologies Incorporated fell 9.3% to $369.16 on Wednesday. The company reported worse-than-expected first-quarter financial results and cut FY24 adjusted EPS guidance. Chicken Soup for the Soul Entertainment, Inc. Shares jumped 136% in the mid-day session.
Benzinga · 11h ago
BUZZ-U.S. STOCKS ON THE MOVE-Globe Life, EQT, Ribbon Communications
Wall Street's main indexes pared early gains to trade lower on Wednesday. Dow Jones Industrial Average .DJI was down 0.11% at 38,460.49. Top three S&P 500 percentage gainers: Tesla Inc, Hasbro and Visa. Positive earnings across several sectors and rising Treasury yields pressured equities.
Reuters · 12h ago
Treasury Yields Rise, Tesla Jumps On Cheaper Model Pledge, Yen Plummets To 34-Year Lows: What's Driving Markets Wednesday?
The S&P 500 fell 0.4% in midday trading in New York. The yield on the 30-year Treasury bond has surged to 4.79%, the highest level since early November. The Japanese yen tumbled to the lowest level since June 1990. Tesla Inc. Posted lower-than-expected results last quarter, but shares rose 10%.
Benzinga · 12h ago
Stocks Lower on Rising Bond Yields
NASDAQ · 13h ago
Why Old Dominion Freight Line Shares Are Slumping Today
Old Dominion Freight Line, Inc. Shares are trading lower following a first-quarter FY24 revenue miss. Revenue rose 1.2% Y/Y to $1.460 billion, but missed the consensus of $ 1.473 billion. The company's operating cash flow was in line with the consensus.
Benzinga · 13h ago
BUZZ-U.S. STOCKS ON THE MOVE-MSCI, Globe Life, EQT Corp
The Nasdaq outpaced Wall Street peers on Wednesday. Tesla leads gains among megacap stocks after its quarterly results. The Dow Jones Industrial Average was down 0.35% at 38,368.64. The top three S&P 500 percentage gainers were Hasbro and Texas Instruments.
Reuters · 13h ago
Wednesday's ETF with Unusual Volume: IYT
NASDAQ · 13h ago
Wednesday's ETF Movers: CQQQ, IYT
NASDAQ · 13h ago
ODFL Stock Earnings: Old Dominion Freight Line Meets EPS, Misses Revenue for Q1 2024
Old Dominion Freight Line just reported results for the first quarter of 2024. The company reported earnings per share of $1.34. This met the analyst estimate for EPS of $ 1.34 but missed revenue by 0.68%. The company also reported revenue that was lower than expected.
Investorplace · 14h ago
Stocks Settle Mixed on Rising Bond Yields and Tech Strength
US stock indexes on Wednesday settled mixed, with the S&P 500 and Nasdaq 100 posting 1-week highs. Strength in technology stocks was supportive of the overall market, but rising bond yields pressured stocks. Tesla rose more than +12% despite reporting weaker-than-expected Q1 earnings. Q1 corporate earnings take center stage this week with 180 companies scheduled to report.
Barchart · 14h ago
Nasdaq 100 Movers: ODFL, TSLA
NASDAQ · 15h ago
Old Dominion (ODFL) Q1 Earnings Beat Estimates, Rise Y/Y
NASDAQ · 15h ago
Old Dominion Freight Line Down Over 9%, On Track for Largest Percent Decrease Since April 2023 -- Data Talk
Old Dominion Freight Line, Inc. (ODFL) is currently at $199.22, down $20.06 or 9.15%. Down four of the past six days. Second worst performer in the S&P 500 today. Down 11.34% from its all-time closing high of $224.69 on April 8, 2024.
Dow Jones · 15h ago
Old Dominion Freight Line Inc reports results for the quarter ended in March - Earnings Summary
Old Dominion Freight Line Inc reports quarterly adjusted earnings of $1.34 per share for the quarter ended in March. The company reported quarterly income of $292.3 million. Revenue rose 1.2% from a year ago. The average analysts' estimate for the company's earnings was for $0.88 per share.
Reuters · 16h ago
Trucker ODFL Earnings Rise on Cost Cuts, Sales Growth
Old Dominion Freight Line posted a profit of $292.3 million in the first quarter, up from $285 million a year ago. The company's revenue ticked up to $1.46 billion. The improvement comes despite softness in the economy, the company says.
The Wall Street Journal · 16h ago
CORRECTED-Old Dominion Freight Line posts lower-than-expected Q1 revenue on lesser shipments
Old Dominion Freight Line posts lower-than-expected Q1 revenue on lesser shipments. Company hauled less weight and shipments in the quarter than expected. Company posted a 1.2% rise in revenue from a year earlier to $1.46 billion. The company hauled 2.2 million tons of shipments, down 3.2%.
Reuters · 18h ago
More
Webull provides a variety of real-time ODFL stock news. You can receive the latest news about Old Dominion Freight Line Inc through multiple platforms. This information may help you make smarter investment decisions.
About ODFL
Old Dominion Freight Line, Inc. is a less-than-truckload (LTL) motor carriers. The Company provides regional, inter-regional and national LTL services through a single integrated, union-free organization. Its service offerings, which include expedited transportation, are provided through an expansive network of service centers located throughout the continental United States. It offers a range of value-added services including container drayage, truckload brokerage, and supply chain consulting. It operates approximately 257 service center locations, of which the Company owns 233 and leases 24. Its service centers are responsible for the pickup and delivery of freight within their local service area. Its system offers its customers access to information such as freight tracking, shipping documents, rate quotes, rate databases, and account activity. The Company's integrated systems and customer service department provide its customers with a single point of contact to access information.