Old Dominion Freight Line (ODFL) Misses Q1 EPS by 1c, Revenues Beat

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Old Dominion Freight Line Reports First Quarter 2020 Earnings Per Diluted Share Of $1.11

April 23, 2020 7:00 AM EDT

Operating Ratio Improves 60 Basis Points to 81.4%

THOMASVILLE, N.C.--(BUSINESS WIRE)-- Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced financial results for the three-month period ended March 31, 2020. The financial results for the first quarter of 2020 include $10.1 million of expense related to special employee bonus payments made in March. These bonus payments were provided to non-executive employees in appreciation for their extraordinary effort in responding to the COVID-19 pandemic.

All prior-period share and per share data in this release have been adjusted to reflect the Companys March 2020 three-for-two stock... More