BUZZ-Old Dominion rises after Q4 profit beat

Reuters
05 Feb
BUZZ-Old Dominion rises after Q4 profit beat

** Shares of Old Dominion Freight Line ODFL.O up 5.5% at $193.71

** Co posts Q4 profit of $1.23 per share, above analysts' average estimates of $1.16 per share, according to data compiled by LSEG

** Co, however, reports a year-over-year fall in Q4 rev, as the less-than-truckload carrier hauled fewer shipments in the quarter

** Q4 total revenue falls 7.3% to $1.39 bln, slightly above analysts' estimates of $13.8 bln

** Stock fall ~13% in 2024

(Reporting by Rupali Chaudhary in Bengaluru)

((Rupali.Chaudhary@thomsonreuters.com))

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