earnings
confidence high
sentiment positive
materiality 0.75
Old Dominion Q2 EPS $1.48 (+11.3%); revenue up 6.1% to $1.50B
OLD DOMINION FREIGHT LINE, INC.
2024-Q2 EPS reported
$2.82
revenue$2,958,770,000
- Q2 diluted EPS $1.48, up 11.3% YoY; net income $322M (+10.2%).
- Total revenue $1.50B, +6.1%; LTL revenue per hundredweight +4.9% ex-fuel surcharge.
- Operating ratio improved 40 bps to 71.9% from 72.3% on cost efficiencies.
- Capex $238M in Q2, FY2024 guidance $750M; $637M in share repurchases YTD.
- LTL shipments per day +3.1%; weight per shipment -1.2%.