WASHINGTON (dpa-AFX) - Old Dominion Freight Line, Inc. (ODFL) announced a profit for third quarter that Dropped, from last year but beat the Street estimates.
The company's earnings totaled $270.95 million, or $1.28 per share. This compares with $308.58 million, or $1.43 per share, last year.
Analysts on average had expected the company to earn $1.22 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 4.4% to $1.406 billion from $1.470 billion last year.
Old Dominion Freight Line, Inc. earnings at a glance (GAAP) :
-Earnings: $270.95 Mln. vs. $308.58 Mln. last year. -EPS: $1.28 vs. $1.43 last year. -Revenue: $1.406 Bln vs. $1.470 Bln last year.
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