MAY 25·finance.yahoo.com→
Q1 Earnings Highs And Lows: Avis Budget Group (NASDAQ:CAR) Vs The Rest Of The Ground Transportation Stocks
Universal Logistics reported Q1 revenue of $367.6M, down 3.9% YoY and 1.3% below analysts’ expectations, with a significant miss on adjusted operating income estimates; the stock trades at $14.20, down 36.6% since results. XPO reported $2.10B revenue (+7.3% YoY), beating expectations by 3% and adjusted operating income; shares at $202.74, down 6.4%. Old Dominion reported $1.33B revenue (-2.9% YoY) beating by 1.2% and adjusted operating income; shares at $210.51, down 5.1%.
MAY 23·MarketBeat▲
Markel Group Inc. Increases Stock Position in Old Dominion Freight Line, Inc. $ODFL
Markel Group Inc. has increased its stake in Old Dominion Freight Line, Inc. by 17.5% in the fourth quarter, purchasing an additional 62,900 shares and bringing its total holding to 421,650 shares valued at approximately $66.1 million. This increase follows Old Dominion Freight Line's better-than-expected quarterly results, despite a slight year-over-year revenue decrease, and a declared quarterly dividend of $0.29 per share. Analysts currently rate the stock as a consensus Hold with an average price target of $206.29.
