Old Dominion Freight Line Prepares for Q1 Earnings Release
Old Dominion Freight Line, Inc. (ODFL), headquartered in Thomasville, North Carolina, is one of North America’s largest less-than-truckload (LTL) motor carriers. With a market capitalization of $32.2 billion, Old Dominion offers regional, inter-regional, and national LTL services alongside a range of value-added options, including container drayage, truckload brokerage, and supply chain consulting.
Upcoming Earnings Expectations
The company is set to announce its first-quarter results before the markets open on Wednesday, April 23. Analysts anticipate that ODFL will report a non-GAAP profit of $1.15 per share, representing a 14.2% decrease from the $1.34 per share reported in the same quarter last year. Notably, ODFL has either met or exceeded Wall Street earnings estimates in each of the previous four quarters.
Future Earnings Outlook
For the entire fiscal year 2025, ODFL is projected to deliver a non-GAAP EPS of $5.63, marking a modest 2.7% increase from $5.48 in fiscal 2024. Looking ahead to fiscal 2026, analysts forecast that ODFL’s earnings will potentially surge 18.8% year-over-year to reach $6.69 per share.
Stock Performance and Market Comparison
Over the past 52 weeks, ODFL Stock has declined nearly 34%, underperforming the S&P 500 Index, which saw a 4.2% drop, and the Industrial Select Sector SPDR Fund’s 7.2% decline during the same period.
Despite these challenges, Old Dominion Freight Line’s Stock experienced a 5.4% increase following better-than-expected Q4 results released on February 5. Although the company reported a decline in revenue—totaling $1.4 billion, a 7.3% drop compared to the previous year—it still surpassed expectations by 40 basis points. Additionally, earnings of $1.23 per share beat consensus estimates by 5.1%, which helped restore some investor confidence.
Market Influences and Analyst Ratings
Recent price weakness in ODFL Stock can be largely attributed to broader market downturns driven by uncertainties surrounding President Trump’s reciprocal tariffs and their potential impact on the U.S. economy and corporate performance.
The consensus rating for ODFL Stock is neutral, with an overall “Hold” assessment. Among the 22 analysts covering the stock, five recommend “Strong Buy,” one suggests “Moderate Buy,” 14 indicate “Hold,” and two advise a “Strong Sell.” Currently, the Stock trades significantly below its average price target of $193.95.
On the date of publication, Aditya Sarawgi did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The information provided herein is for informational purposes only. For further details, please view the Barchart Disclosure Policy here.
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