Old Dominion Freight Line is set to report second-quarter earnings this Wednesday before market open. Analysts expect revenue to grow 9.7% year on year, a reversal from the 6.1% decline in the same quarter last year. The company beat revenue and EPS estimates last quarter, reporting $1.33 billion in revenue. Peer results from Knight-Swift Transportation and Ryder showed revenue beats but subsequent share price declines. Old Dominion Freight Line shares are up 3.1% over the last month, with an average analyst price target of $230.95 compared to the current share price of $226.51.
Old Dominion Freight Line IncExpected Q2 earnings with 9.7% revenue growth and analyst price target above current price.
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