Old Dominion Freight Line Reports First Quarter 2024 Earnings Per Diluted Share of $1.34

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[{"type":"text","content":" THOMASVILLE, N.C.--(BUSINESS WIRE)--\nOld Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced financial results for the three-month period ended March 31, 2024.\n\n\nAll prior-period share and per share data in this release have been adjusted to reflect the Company's March 2024 two-for-one stock split.\n\n\n\n\n \n\n\n\n\n\n\nThree Months Ended\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n\n\n \n\n\n\n\n\n\nMarch 31,\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n\n\n(In thousands, except per share amounts)\n\n\n\n\n\n\n2024\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n2023\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n% Chg.\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n\nTotal revenue\n\n\n\n\n\n\n$\n\n\n\n\n\n\n1,460,073\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n1,442,136\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n \n\n\n\n\n\n\n1.2\n\n\n\n\n\n\n%\n\n\n\n\n\n\n\n\nLTL services revenue\n\n\n\n\n\n\n$\n\n\n\n\n\n\n1,446,733\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n1,424,372\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n1.6\n\n\n\n\n\n\n%\n\n\n\n\n\n\n\n\nOther services revenue\n\n\n\n\n\n\n$\n\n\n\n\n\n\n13,340\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n17,764\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n(24.9\n\n\n\n\n\n\n)%\n\n\n\n\n\n\n\n\nOperating income\n\n\n\n\n\n\n$\n\n\n\n\n\n\n386,426\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n383,049\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n \n\n\n\n\n\n\n0.9\n\n\n\n\n\n\n%\n\n\n\n\n\n\n\n\nOperating ratio\n\n\n\n\n\n\n \n\n\n\n\n\n\n73.5\n\n\n\n\n\n\n%\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n73.4\n\n\n\n\n\n\n%\n\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n\n\nNet income\n\n\n\n\n\n\n$\n\n\n\n\n\n\n292,304\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n285,038\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n2.5\n\n\n\n\n\n\n%\n\n\n\n\n\n\n\n\nDiluted earnings per share\n\n\n\n\n\n\n$\n\n\n\n\n\n\n1.34\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n1.29\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n3.9\n\n\n\n\n\n\n%\n\n\n\n\n\n\n\n\nDiluted weighted average shares outstanding\n\n\n\n\n\n\n \n\n\n\n\n\n\n218,808\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n221,358\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n \n\n\n\n\n\n\n(1.2\n\n\n\n\n\n\n)%\n\n\n\n\n\n\n\nMart...

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