Old Dominion Freight Line Q4 Profit Tops Estimates
WASHINGTON (dpa-AFX) - Old Dominion Freight Line, Inc. (ODFL) reported fourth quarter earnings per share of $1.61 compared to $1.20, a year ago. On average, 16 analysts polled by Thomson Reuters expected the company to report profit per share of $1.57, for the quarter. Analysts estimates typically exclude special items.
Fourth quarter total revenue was $1.07 billion, up 6.4% from prior year. Analysts expected revenue of $1.05 billion, for the quarter.
The company s Board has declared a first-quarter dividend of $0.20 per share, payable on March 17, 2021, to shareholders of record at the close of business on March 3, 2021.
Copyright RTT News/dpa-AFX
Drew Anderson
Senior Director, Product Management
Thank you. Good morning, and welcome to the Fourth Quarter 2020 Conference Call for Old Dominion Freight Line. Today s call is being recorded and will be available for replay beginning today and through February 12, 2021, by dialing 719-457-0820. The replay passcode is 5798600. The replay of the webcast may also be accessed for 30 days at the Company s website.
This conference call may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements, among others, regarding Old Dominion s expected financial and operating performance. For this purpose, any statements made during this call that are not statements of historical fact may be deemed to be forward-looking statements. Without limiting the foregoing, the words believes, anticipates, plans, expects and similar expressions are intended to identify forward-looking statements. You are hereby cautioned that th
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