Old Dominion Freight Line (ODFL) released earnings for its third quarter that advanced from the same period last year.
The company's earnings totaled $173.44 million, or $2.12 per share. This compares with $102.31 million, or $1.24 per share, in last year's third quarter.
Analysts had expected the company to earn $1.97 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 21.8% to $1.06 billion from $0.87 billion last year.
Old Dominion Freight Line earnings at a glance:
-Earnings (Q3): $173.44 Mln. vs. $102.31 Mln. last year.
-EPS (Q3): $2.12 vs. $1.24 last year.
-Analysts Estimate: $1.97
-Revenue (Q3): $1.06 Bln vs. $0.87 Bln last year.
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