Fears of a slowdown hit the trucking sector.
News & Analysis: Old Dominion Freight Line
The company acknowledged that revenue growth wasn't as good as anticipated, but it continued to create operating efficiency gains to deliver bottom-line results.
ODFL earnings call for the period ending March 31, 2019.
Strong revenue growth and cost control helped the trucking giant deliver impressive results.
ODFL earnings call for the period ending December 31, 2018.
The less-than-truckload freight hauler posted another solid quarter of revenue gains and improving operating efficiency.
ODFL earnings call for the period ending September 30, 2018.
Higher revenue from economic growth and taking market share in the less-than-truckload shipping business led to another earnings beat.
Even after adding a significant amount of capacity over the past year, the company was still able to increase prices for goods shipped.
The company continues to gain on every measurable metric in the business, but Wall Street seems to be changing its attitude toward this stock.