24.10.2013 15:54:21
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Old Dominion Freight Line Q3 Profit Up
(RTTNews) - Old Dominion Freight Line, Inc. (ODFL), Thursday posted a higher third-quarter profit, that surpassed the Street estimates, with a 12 percent increase in revenues.
For the three-month period, the company reported net income of $60.1 million or $0.70 per share, compared with $51 million or $0.59 per share last year.
On average, nineteen analysts polled by Thomson Reuters expected the company to report earnings per share of $0.69 for the quarter. Analysts' estimates typically exclude one-time items.
Revenues for the period was $616.5 million, up from prior year's $550.5 million. Analysts expected the company to generate revenues of $606.44 million for the quarter.
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Old Dominion Freight Line Inc. | 174,55 | -0,26% |