Exhibit 99.1 Contact: Adam N. Satterfield Executive Vice President and Chief Financial Officer (336) 822-5721 OLD DOMINION FREIGHT LINE REPORTS THIRD QUARTER 2024 EARNINGS PER DILUTED SHARE OF $1.43 THOMASVILLE, N.C. (October 23, 2024) – Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced financial results for the three-month and nine-month periods ended September 30, 2024. All prior-period share and per share data in this release have been adjusted to reflect the Company's March 2024 two-for-one ...

Analysts on Wall Street project that Old Dominion Freight Line (ODFL) will announce quarterly earnings of $1.44 per share in its forthcoming report, representing a decline of 7.1% year over year. Revenues are projected to reach $1.52 billion, increasing 0.6% from the same quarter last year. Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 3.3% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections dur ...

Old Dominion Freight Line (ODFL) is scheduled to report third-quarter 2024 results on Oct. 23 before market open. Find the latest EPS estimates and surprises on Zacks Earnings Calendar. ODFL has an encouraging earnings surprise history, having surpassed the Zacks Consensus Estimate in each of the trailing four quarters. The average beat is 3.1%. The Zacks Consensus Estimate for third-quarter 2024 earnings has been revised 2.7% downward in the past 60 days. The estimate is currently pegged at $1.44 per share ...

Old Dominion Freight Line (ODFL) is suffering from a downturn due to freight demand. Escalated operating expenses are putting a strain on ODFL's financial stability, making it an unattractive choice for investors' portfolios. Let's delve deeper. ODFL Stock: Risks to Watch Southward Earnings Estimate Revision:The Zacks Consensus Estimate for current-quarter earnings has been revised 2% downward in the past 60 days. For the current year, the consensus mark for earnings has moved 1.9% south in the same time fr ...

Shares of trucking company, Old Dominion Freight Line (ODFL) , have not had a good run lately, declining 8.2% in the past six months. While ODFL has performed better than its industry, the stock's performance was worse than the S&P 500 index, of which it is an integral part. Six-Month Price Performance Image Source: Zacks Investment Research Let's take a look at the factors responsible for the disappointing price performance. Freight Market Downturn: Old Dominion is being hurt by reduced demand for freight ...

Norfolk, Va., Sept. 04, 2024 (GLOBE NEWSWIRE) -- Old Dominion University hosted an opening celebration, including a ribbon cutting, for the Ellmer College of Health Sciences' new home located at 1019 W. 41st Street on Aug. 29. The recently completed 128,257-square-foot building, which began development in 2016, is home to two public-facing clinics, the Faschini Wallach Center for Restorative Therapies and the Sofia & David Konikoff Dental Hygiene Care Facility, and houses six of the University's health scie ...

A month has gone by since the last earnings report for Old Dominion Freight Line (ODFL) . Shares have lost about 2.3% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Old Dominion due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Earnings Beat at Old Dominion in Q ...

Old Domain Freight Line's (ODFL) financial stability is challenged by escalated operating expenses. Elevated labor costs are further putting a strain on the company's bottom line. Economic weakness, too, does not bode well for the company, thereby making it an unattractive choice for investors' portfolios. Let's delve deeper. Southward Earnings Estimate Revision: The Zacks Consensus Estimate for current-quarter earnings has been revised 9.8% downward in the past 60 days. For the current year, the consensus ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Emerging growth company ☐ FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ . Commission File Number: 0-19582 OLD DOMINION FREIGHT LINE, INC. (Exact name of registrant as specified in its charter) VI ...

Old Dominion Freight Line Using the FactSet data in the chart below, even if we consider 18% and 12% expected EPS growth in 2025 and 2026, we get a fair stock price of $202, which is where ODFL is currently trading. Pros & Cons Generally speaking, this does not bode well for freight demand and explains why the stock prices of so many transportation companies have gone nowhere since 2022. Despite these headwinds, ODFL reported revenue of $1.5 billion, which marks a 6.1% increase from the prior year. This gro ...