Old Dominion Freight Line Reports 8% Increase In Q3 Bottom Line

(RTTNews) - Old Dominion Freight Line (ODFL) reported earnings for its third quarter that climbed from last year.

The company said its bottom line climbed to $84.37 million, or $0.99 per share. This was up from $77.91 million, or $0.90 per share, in last year's third quarter.

Analysts had expected the company to earn $1.01 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 4.8% to $779.47 million. This was up from $743.59 million last year.

Old Dominion Freight Line earnings at a glance:

-Earnings (Q3): $84.37 Mln. vs. $77.91 Mln. last year. -Earnings Growth (Y-o-Y): 8.3% -EPS (Q3): $0.99 vs. $0.90 last year. -EPS Growth (Y-o-Y): 10.0% -Analysts Estimate: $1.01 -Revenue (Q3): $779.47 Mln vs. $743.59 Mln last year. -Revenue Change (Y-o-Y): 4.8%