Old Dominion (ODFL) Rides on Dividends & Buyback, Costs Ail

ODFL currently carries a Zacks Rank #3 (Hold). Old Dominion has an impressive earnings surprise history. The company's earnings outpaced the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average surprise of 2.81%. On the flip side, high capital expenditures might hurt ODFL's bottom line. For 2024, ODFL anticipates its total capital expenditures to be approximately $750 million. Of the total, $350 million is expected to be invested in real estate and service center expansion p ...