Old Dominion Freight Line Q4 Profit Falls

(RTTNews) - Old Dominion Freight Line (ODFL) announced earnings for fourth quarter that declined from last year.

The company's profit came in at $159.46 million, or $1.95 per share. This compares with $197.25 million, or $2.39 per share, in last year's fourth quarter.

Analysts had expected the company to earn $1.75 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 15.7% to $1.03 billion from $0.89 billion last year.

Old Dominion Freight Line earnings at a glance:

-Earnings (Q4): $159.46 Mln. vs. $197.25 Mln. last year. -EPS (Q4): $1.95 vs. $2.39 last year. -Analysts Estimate: $1.75 -Revenue (Q4): $1.03 Bln vs. $0.89 Bln last year.