Old Dominion Freight Line, Inc. Bottom Line Rises In Q2, Beats Estimates

(RTTNews) - Old Dominion Freight Line, Inc. (ODFL) revealed a profit for its second quarter that increased from last year and beat the Street estimates.

The company's bottom line totaled $322.05 million, or $1.48 per share. This compares with $292.36 million, or $1.33 per share, in last year's second quarter.

Analysts on average had expected the company to earn $1.45 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 6.4% to $1.50 billion from $1.41 billion last year.

Old Dominion Freight Line, Inc. earnings at a glance (GAAP) :

-Earnings (Q2): $322.05 Mln. vs. $292.36 Mln. last year. -EPS (Q2): $1.48 vs. $1.33 last year. -Revenue (Q2): $1.50 Bln vs. $1.41 Bln last year.