Old Dominion Freight Line (ODFL) Tops Q2 EPS by 2c

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Old Dominion Freight Line Reports 16.3% Growth in Second-Quarter Earnings to $1.00 Per Diluted Share

July 30, 2015 7:01 AM EDT

Operating Ratio Improves 100 Basis Points to a Company Record 81.5%

THOMASVILLE, N.C.--(BUSINESS WIRE)-- Old Dominion Freight Line, Inc. (NASDAQ: ODFL) today announced financial results for the three-month and six-month periods ended June 30, 2015. Revenue increased 8.4% to $762.2 million for the second quarter of 2015 from $703.0 million for the same quarter of 2014. Net income was $85.6 million for the second quarter of 2015, a 15.9% increase from $73.8 million for the second quarter last year, while earnings per diluted share were $1.00, a 16.3% increase from $0.86 for the prior-year quarter. Old Dominions operating ratio improved 100... More