Old Dominion Reports Earnings Beat Despite Revenue Decline
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 05 2026
0mins
Should l Buy ODFL?
Source: Benzinga
- Revenue Performance: Old Dominion's revenue fell 5.7% year-over-year to $1.307 billion, although it surpassed market expectations of $1.298 billion, indicating the company's resilience in challenging conditions.
- Profitability Changes: The earnings per share stood at $1.09, down 11.4% year-over-year but above Wall Street's estimate of $1.06, suggesting effective cost control measures amid revenue declines.
- Capital Expenditure Plans: The company anticipates aggregate capital expenditures of approximately $265 million for fiscal 2026, reflecting its ongoing commitment to future growth despite current revenue pressures.
- Analyst Rating Adjustments: Following the earnings announcement, Baird downgraded Old Dominion from Neutral to Underperform while raising the price target from $166 to $204, indicating a cautious outlook on the company's future performance.
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Analyst Views on ODFL
Wall Street analysts forecast ODFL stock price to fall
18 Analyst Rating
7 Buy
8 Hold
3 Sell
Hold
Current: 185.510
Low
114.00
Averages
162.18
High
196.00
Current: 185.510
Low
114.00
Averages
162.18
High
196.00
About ODFL
Old Dominion Freight Line, Inc. is a less-than-truckload (LTL) motor carrier. The Company provides regional, inter-regional and national LTL services through a single integrated, union-free organization. Its service offerings, which include expedited transportation, are provided through an expansive network of service centers located throughout the continental United States. It offers a range of value-added services including container drayage, truckload brokerage and supply chain consulting. It operates approximately 261 service center locations, of which it owns 239 and leased 22. Its service centers are responsible for the pickup and delivery of freight within their local service area. Its systems allow it to offer its customers access to information, such as freight tracking, shipping documents, rate quotes, rate databases and account activity. Its integrated systems and customer service department provide its customers with a single point of contact to access information.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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