Old Dominion Freight Line GAAP EPS of $2.58 misses by $0.12, revenue of $1.44B misses by $40M
Old Dominion Freight Line press release  (NASDAQ:ODFL): Q1  GAAP EPS of $2.58  misses by $0.12.
Revenue of $1.44B (-4.0% Y/Y)  misses by $40M.
The operating ratio for the first quarter increased 50 basis points to 73.4% as compared to the first quarter of 2022.
Old Dominionâs net cash provided by operating activities was $415.4 million for the first quarter of 2023. The Company had $207.6 million in cash and cash equivalents at March 31, 2023.
Capital expenditures were $234.7 million for the first quarter of 2023.Â