Old Dominion Freight Line Reports 8.5% Growth In Second Quarter Earnings Per Diluted Share to $2.16
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Old Dominion Freight Line (ODFL) Tops Q2 EPS by 5c, Revenues Miss
July 25, 2019 7:05 AM EDTOld Dominion Freight Line (NASDAQ: ODFL) reported Q2 EPS of $2.16, $0.05 better than the analyst estimate of $2.11. Revenue for the quarter came in at $1.06 billion versus the consensus estimate of $1.07 billion.
Old Dominions financial results for the second quarter of 2019 include new Company records for revenue, operating ratio and earnings per diluted share, said Greg C. Gantt, President and Chief Executive Officer of Old Dominion. We were especially pleased to produce these quarterly financial records during a period with lower LTL shipments and tonnage, which reflects the ongoing softer demand environment. Maintaining our long-term,... More
