Old Dominion Beats Q1 Expectations, Shares Surge

Old Dominion Freight Line exceeded first quarter earnings expectations, reporting EPS of $1.14, five cents above forecasts. Revenue hit $1.33 billion, twenty million above predictions. Despite a three percent revenue dip and eight percent tonnage drop, higher weight per load and revenue per hundredweight boosted performance. Shares surged 1.5% in premarket trading. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/e028e7ad6f62031a