Old Dominion Freight Line Layoffs 2024. This year, eps is expected to fall by 8%, followed by an expected recovery of 20% in 2024 and 15%. Earnings per diluted share (eps):
After adding thousands of workers to respond to skyrocketing demand, old dominion freight line will now slow hiring as softening ltl volumes has left the company overstaffed, president and ceo greg gantt said during a q2 earnings call. Shares of old dominion are down 5% as of 12:30 p.m.
(Nasdaq:odfl) Stock Closed At $388.87 Per Share.
Shares of old dominion are down 5% as of 12:30 p.m.
Thank You, Andrea, And Good Morning, Everyone, And Welcome To The First Quarter 2024 Conference Call For Old Dominion Freight Line.
The replay of the webcast may also be.
Expect More Of The Same In 2024.
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A New Outlook That’s A Lot Like The Old Outlook.
Thank you, andrea, and good morning, everyone, and welcome to the first quarter 2024 conference call for old dominion freight line.
Increased By 3.9% To $1.34, Setting A New Record For Q1.
Shares of old dominion are down 5% as of 12:30 p.m.
Growth In The Freight And Logistics Markets Stalled In 2023 Owing To Overstocking, Weak Demand, And Excess Capacity.