Old Dominion Freight Line: Q2 Earnings Insights

  Old Dominion Freight Line (NASDAQ:ODFL) reported its Q2 earnings results on Wednesday, July 27, 2022 at 07:00 AM. Here's what investors need to know about the announcement.

 

Old Dominion Freight Line (NASDAQ:ODFL) reported its Q2 earnings results on Wednesday, July 27, 2022 at 07:00 AM.

Here’s what investors need to know about the announcement.

Earnings

Old Dominion Freight Line beat estimated earnings by 5.1%, reporting an EPS of $3.3 versus an estimate of $3.14.

Revenue was up $348.45 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.21 which was followed by a 7.45% increase in the share price the next day.

Here’s a look at Old Dominion Freight Line’s past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 2.39 2.26 2.37 2.09
EPS Actual 2.60 2.41 2.47 2.31
Revenue Estimate 1.45B 1.38B 1.37B 1.23B
Revenue Actual 1.50B 1.41B 1.40B 1.32B

To track all earnings releases for Old Dominion Freight Line visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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