Old Dominion Freight Line Q3 diluted EPS jumps 29% to $1.65
Bitget2026/10/28 11:07- Old Dominion Freight Line’s third-quarter 2026 diluted earnings per share rose 29% year over year to $1.65.
- Revenue climbed 13% to $1.59 billion, primarily due to higher LTL revenue per hundredweight.
- The operating ratio improved to 71.5%, with overhead costs benefiting from revenue growth and discretionary spending controls.
- Demand improved during the quarter, and September LTL tons per day increased year over year.
- Capital expenditures are expected to total approximately $380 million for 2026.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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