Markets
Old Dominion Stock Tumbles 7%, Wiping Out $2.7 Billion, After Third-Quarter Report
The trucker's shares fell after its margin outlook left analysts asking why profit trails a revenue recovery.
ODFL
Old Dominion Freight (ODFL) news from Bullished: SEC filings, earnings, insider trades and deals, explained in plain English with links to the source documents.
Earnings
Old Dominion Says Rivals Are Missing Pickups For Lack Of Labor, As Big Customers Lock In Two-Year Rates
The trucker's CFO put its spare service-center capacity above 35% and said public peers ran at about a 90 operating ratio.
Earnings
Old Dominion Guides Fourth-Quarter Operating Ratio To About 73.5% Even As Revenue Runs Above Seasonal Norms
The CFO cited fringe benefits and fuel for a margin target at the low end of the seasonal range, with revenue guided to $1.54 billion to $1.58 billion.
Earnings
Old Dominion Earnings Per Share Jump 28.9% To $1.65 On Pricing, Even As Daily Shipments Fall 2.0%
The trucker's operating ratio improved 280 basis points to 71.5% as revenue per hundredweight rose 13.3%.
SEC Filings
Old Dominion Freight Line Declares $0.29 Quarterly Dividend, 3.6% Above Last December's Payout
The trucking carrier's board set a December 16 payment for shareholders of record on December 2, an 8-K filed Thursday shows.