Old Dominion Freight Line Reports Third Quarter 2024 Earnings Per Diluted Share of $1.43

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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 and nine-month periods ended September 30, 2024.\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\nThree Months Ended\n\n\n\n \n\n\n \n\n \n\n\n\n \n\n\n\nNine Months Ended\n\n\n\n \n\n\n \n\n \n\n\n\n\n\n \n\n\n \n\nSeptember 30,\n\n\n\n \n\n\n \n\n \n\n\n\n \n\n\n\nSeptember 30,\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\n2024\n\n\n\n \n\n\n \n\n2023\n\n\n\n \n\n\n \n\n% Chg.\n\n\n\n \n\n\n\n2024\n\n\n\n \n\n\n \n\n2023\n\n\n\n \n\n\n \n\n% Chg.\n\n\n\n\n\nTotal revenue\n\n\n \n\n$\n\n\n\n1,470,211\n\n\n\n \n\n\n \n\n$\n\n\n\n1,515,277\n\n\n\n \n\n\n \n\n(3.0\n\n\n\n)%\n\n\n\n \n\n\n\n$\n\n\n\n4,428,981\n\n\n\n \n\n\n \n\n$\n\n\n\n4,370,602\n\n\n\n \n\n\n \n\n1.3\n\n\n\n%\n\n\n\n\n\nLTL services revenue\n\n\n \n\n$\n\n\n\n1,457,108\n\n\n\n \n\n\n \n\n$\n\n\n\n1,501,266\n\n\n\n \n\n\n \n\n(2.9\n\n\n\n)%\n\n\n\n \n\n\n\n$\n\n\n\n4,388,808\n\n\n\n \n\n\n \n\n$\n\n\n\n4,323,453\n\n\n\n \n\n\n \n\n1.5\n\n\n\n%\n\n\n\n\n\nOther services revenue\n\n\n \n\n$\n\n\n\n13,103\n\n\n\n \n\n\n \n\n$\n\n\n\n14,011\n\n\n\n \n\n\n \n\n(6.5\n\n\n\n)%\n\n\n\n \n\n\n\n$\n\n\n\n40,173\n\n\n\n \n\n\n \n\n$\n\n\n\n47,149\n\n\n\n \n\n\n \n\n(14.8\n\n\n\n)%\n\n\n\n\n\nOperating income\n\n\n \n\n$\n\n\n\n401,861\n\n\n\n \n\n\n \n\n$\n\n\n\n445,019\n\n\n\n \n\n\n \n\n(9.7\n\n\n\n)%\n\n\n\n \n\n\n\n$\n\n\n\n1,209,978\n\n\n\n \n\n\n \n\n$\n\n\n\n1,219,662\n\n\n\n \n\n\n \n\n(0.8\n\n\n\n)%\n\n\n\n\n\nOperating ratio\n\n\n \n\n \n\n\n\n72.7\n\n\n\n%\n\n\n \n\n \n\n\n\n70.6\n\n\n\n%\n\n\n \n\n \n\n\n\n \n\n\n\n \n\n\n\n72.7\n\n\n\n%\n\n\n \n\n \n\n\n\n72.1\n\n\n\n%\n\n\n \n\n \n\n\n\n\n\nNet income\n\n\n \n\n$\n\n\n\n308,580\n\n\n\n \n\n\n \n\n$\n\n\n\n339,287\n\n\n\n \n\n\n \n\n(9.1\n\n\n\n)%\n\n\n\n \n\n\n\n$\n\n\n\n922,929\n\n\n\n \n\n\n \n\n$\n\n\n\n916,687\n\n\n\n \n\n\n \n\n0.7\n\n\n\n%\n\n\n\n\n\nDiluted earnings per share\n\n\n \n\n$\n\n\n\n1.43\n\n\n\n \n\n\n \n\n$\n\n\n\n1.54\n\n\n\n \n\n\n \n\n(7.1\n\n\n\n)%\n\n\n\n \n\n\n\n$\n\n\n\n4.25\n\n\n\n \n\n\n \n\n$\n\n\n\n4.16\n\n\n\n \n\n\n \n\n2.2\n\n\n\n%\n\n\n\n\n\nDiluted weighted average shares outstanding\n\n\n \n\...

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