Old Dominion Freight Line Reports 23.3% Growth in Earnings Per Diluted Share for the First Quarter of 2019
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Old Dominion Freight Line (ODFL) Tops Q1 EPS by 6c, Revenues Miss
April 25, 2019 7:11 AM EDTOld Dominion Freight Line (NASDAQ: ODFL) reported Q1 EPS of $1.64, $0.06 better than the analyst estimate of $1.58. Revenue for the quarter came in at $990.78 million versus the consensus estimate of $994.01 million.
Old Dominion began 2019 with strong financial results for the first quarter, which included growth in our pre-tax income that exceeded 20.0% for the eighth straight quarter, said Greg C. Gantt, President and Chief Executive Officer of Old Dominion. Total revenuegrowth of 7.1% was slightly lower than we originally anticipated, but the quality of our revenue growth and... More
