Old Dominion's (ODFL) Q4 Earnings Surpass Estimates, Rise Y/Y
Zacks Investment Research | Feb 02, 2022 01:30AM ET
Old Dominion Freight (NASDAQ:ODFL) Line’s UAL incurred a loss (excluding 39 cents from non-recurring items) of $1.60 per share in fourth-quarter 2021, narrower than the Zacks Consensus Estimate of a loss of $2.23. The amount of loss narrowed 77.1% year over year.
United Airlines’ operating revenues of $8,192 million also outperformed the Zacks Consensus Estimate of $7,930.9 million. The top line surged more than 100% year over year, with passenger revenues contributing 84% to the top line and surging 185.4% to $6,878 million.
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