Old Dominion Freight Line (ODFL) Misses Q4 EPS by 3c

Old Dominion Freight Line Announces Earnings Per Diluted Share of $0.83 for the Fourth Quarter of 2016

February 2, 2017 7:00 AM EST

Initiates Quarterly Cash Dividend, Declaring First-Quarter Dividend of $0.10 Per Share

THOMASVILLE, N.C.--(BUSINESS WIRE)-- Old Dominion Freight Line, Inc. (NASDAQ: ODFL) today announced financial results for the three-month and twelve-month periods ended December 31, 2016, which include the following:

                  Three Months Ended Twelve Months Ended December 31, December 31,

(In thousands, except per share amounts)

2016     2015

%Chg.

2016     2015

%Chg.

Revenue $ 745,738 $ 734,572 1.5 % $ 2,991,517 $ 2,972,442 0.6 % Operating income $ 113,447 $ 113,922 (0.4 )% $ 483,835 $ 498,240 (2.9 )% Operating ratio 84.8 % 84.5 % 83.8... More