Old Dominion Freight Line Q4 Profit Rises - Quick Facts

(RTTNews) - Old Dominion Freight Line, Inc. (ODFL) reported that its fourth-quarter net income rose year-over-year to $47.2 million, from $39.5 million. Earnings per share was $0.55, compared to $0.46, prior-year.

On average, 20 analysts polled by Thomson Reuters expected the company to report profit per share of $0.59 for the quarter. Analysts' estimates typically exclude special items.

Revenue increased 11.0% to $592.5 million, from $533.8 million, a year ago. Analysts expected revenue of $587.23 million for the quarter. The company said the double-digit increase in revenue was primarily driven by increased market share.