Brief: Old Dominion Q2 EPS USD 1.27 Vs. IBES Estimate USD 1.29

Old Dominion Freight Line

30/07/2025 12:00

Overview

Old Dominion Q2 rev declines 6.1%, missing analyst expectations, per LSEG data

EPS for Q2 falls 14.2% to $1.27, missing analyst estimates, per LSEG data

Revenue decline due to lower LTL tons per day, offset by higher revenue per hundredweight

Outlook

Company expects 2025 capital expenditures to total approximately $450 mln

Old Dominion cites soft domestic economy impacting demand for services

Company plans $210 mln for real estate and service center expansion

Old Dominion maintains focus on yield management despite economic challenges

Result Drivers

LTL TONNAGE DECLINE - 9.3% decrease in LTL tons per day due to lower shipments and weight per shipment

YIELD MANAGEMENT - 5.3% increase in LTL revenue per hundredweight excluding fuel surcharges, offsetting cost inflation

OPERATING COSTS - Increased operating ratio due to revenue decline and higher group health and dental costs

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Miss
$1.41 bln
$1.42 bln (18 Analysts)
Q2 EPS
Miss
$1.27
$1.29 (22 Analysts)
Q2 Net Income
$268.63 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 8 "strong buy" or "buy", 15 "hold" and 3 "sell" or "strong sell"

The average consensus recommendation for the ground freight & logistics peer group is "buy."

Wall Street's median 12-month price target for Old Dominion Freight Line Inc is $170.00, about 4.6% above its July 29 closing price of $162.12

The stock recently traded at 29 times the next 12-month earnings vs. a P/E of 28 three months ago

Press Release: ID:nBwc21mKZa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)