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Old Dominion Freight Line Reports Fourth Quarter 2020 Earnings Per Diluted Share Of $1.61

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Old Dominion Freight Line (Nasdaq: ODFL) reported its financial results for Q4 and the full year 2020, including a $9.6 million expense for special employee bonuses in December to recognize their efforts during the COVID-19 pandemic. The company adjusted prior-period share data following a March 2020 stock split. Total revenue and other key metrics were not detailed in the provided text, suggesting a more comprehensive report may be available elsewhere.

Positive
  • Special employee bonuses show commitment to workforce during challenging times.
Negative
  • None.

Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced financial results for the three-month and twelve-month periods ended December 31, 2020. The financial results for the fourth quarter of 2020 include $9.6 million of expense related to special employee bonus payments made in December. These bonus payments were provided to non-executive employees in appreciation for their extraordinary efforts to provide superior customer service during the difficult operating conditions created by the COVID-19 pandemic.

All prior-period share and per share data in this release have been adjusted to reflect the Company’s March 2020 three-for-two stock split.

 

 

Three Months Ended

 

 

 

 

 

Twelve Months Ended

 

 

 

 

 

December 31,

 

 

 

 

 

December 31,

 

 

 

 

(In thousands, except per share amounts)

2020

 

2019

 

% Chg.

 

 

2020

 

2019

 

% Chg.

 

Total revenue

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FAQ

What were Old Dominion Freight Line's financial results for Q4 2020?

The financial results for Q4 2020 included a $9.6 million expense for employee bonuses, but specific revenue figures were not disclosed.

How did the COVID-19 pandemic affect Old Dominion Freight Line's operations?

Old Dominion recognized employee efforts during the pandemic with special bonuses, indicating operational challenges.

What is the significance of the stock split for Old Dominion Freight Line?

The stock split in March 2020 was accounted for in all prior-period share data in the financial results.

Old Dominion Freight Line

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