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AI brief of an SEC Form 8-K · Old Dominion (ODFL)

Old Dominion Freight Line Q2 EPS rises 11.3% to $1.48 on 6.1% revenue growth

Positive Impact 3 of 5 earnings Written later

Old Dominion Freight Line reported second-quarter 2024 results, with revenue of $1,498.7 million, up 6.1% from a year earlier, and diluted earnings per share of $1.48, up 11.3%. The operating ratio improved to 71.9% from 72.3%, and management called it the third consecutive quarter of growth in both revenue and earnings per diluted share.

Key points

  • Q2 2024 net income was $322.0 million, up 10.2%, and operating income was $421.7 million, up 7.7%.
  • First-half diluted EPS was $2.82, up 8.0%, and the company used $637.1 million for share repurchases in the first six months, including a $200.0 million accelerated share repurchase agreement that expires no later than November 2024.
  • The company expects 2024 capital expenditures of approximately $750 million and had $74.3 million in cash and cash equivalents at June 30, 2024.

The filing

CompanyOld Dominion (ODFL)
Form8-K, current report
Filed with the SECJul 24, 2024, 9:02 AM ET
Accession number0000950170-24-085869

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:30 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 24, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.