Trucker Old Dominion's Q3 profit, revenue beat estimates

Old Dominion Freight Line

29/10/2025 11:12

Overview

Old Dominion Q3 revenue fell 4.3% yr/yr but beat analyst expectations

Adjusted EPS for Q3 beats consensus despite a 10.5% yr/yr decline

Company's operating ratio increased to 74.3% due to revenue decline

Outlook

Company expects 2025 capital expenditures to total approximately $450 mln

Result Drivers

LTL TONNAGE DECLINE - Co attributes revenue decline to a 9.0% decrease in LTL tons per day, reflecting macroeconomic softness

INCREASED LTL REVENUE PER HUNDREDWEIGHT - LTL revenue per hundredweight, excluding fuel surcharges, increased 4.7%

OPERATING RATIO RISE - Operating ratio increased 160 basis points due to revenue decline's deleveraging effect on expenses

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$1.40 bln
$1.40 bln (18 Analysts)
Q3 EPS
Beat
$1.28
$1.21 (22 Analysts)
Q3 Net Income
$270.94 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 9 "strong buy" or "buy", 14 "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 $159.50, about 14.7% above its October 28 closing price of $136.09

The stock recently traded at 26 times the next 12-month earnings vs. a P/E of 29 three months ago

Press Release: ID:nBwbWvDJga

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(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.)