Old Dominion Freight Line Reports Q1 Earnings Beat Despite Revenue Decline
Old Dominion Freight Line (NASDAQ: ODFL) reported first-quarter earnings per share of $1.14, beating expectations but showing a year-over-year revenue decline. The company's results were driven by improved demand in its less-than-truckload service, despite a drop in tonnage and a slightly worse operating ratio compared to the previous year.
Tickers: $ODFL
Topics: Earnings LTL Carrier Operating Ratio Revenue Stock Price Movement