Old Dominion Freight Line Reports First Quarter 2020 Earnings Per Diluted Share Of $1.11
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Old Dominion Freight Line (ODFL) Misses Q1 EPS by 1c, Revenues Beat
April 23, 2020 7:01 AM EDTOld Dominion Freight Line (NASDAQ: ODFL) reported Q1 EPS of $1.11, $0.01 worse than the analyst estimate of $1.12. Revenue for the quarter came in at $987.36 million versus the consensus estimate of $983.08 million.
Old Dominion produced solid financial results in the first quarter of 2020, which included a new first-quarter Company record for our operating ratio, said Greg C. Gantt, President and Chief Executive Officer of Old Dominion. We were pleased to improve our operating ratio and increase earnings per diluted share despite the slight decrease in revenue. While revenue was lower, our results for most... More
