Old Dominion Freight Line (ODFL) Beats Q4 Earnings and Revenue Estimates

Core Viewpoint - Old Dominion Freight Line (ODFL) reported quarterly earnings of $1.23 per share, exceeding the Zacks Consensus Estimate of$ 1.17 per share, but down from $1.47 per share a year ago, indicating a 16.3% year-over-year decline in earnings [1][2] Financial Performance - The company achieved revenues of$ 1.39 billion for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 0.40%, but down from $1.5 billion in the same quarter last year, reflecting a 7.3% year-over-year decrease [2] - Over the last four quarters, Old Dominion has surpassed consensus EPS estimates three times, but has only topped consensus revenue estimates once [2] Stock Performance - Old Dominion shares have increased approximately 4.1% since the beginning of the year, outperforming the S&P 500's gain of 2.7% [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating expectations of underperformance in the near future due to unfavorable estimate revisions [6] Future Outlook - The current consensus EPS estimate for the upcoming quarter is$ 1.17 on revenues of $1.41 billion, while for the current fiscal year, the estimate is$ 5.76 on revenues of $6.11 billion [7] - The outlook for the Transportation - Truck industry is concerning, as it ranks in the bottom 11% of over 250 Zacks industries, which may negatively impact stock performance [8]