Compared to Estimates, Old Dominion (ODFL) Q4 Earnings: A Look at Key Metrics

Core Insights - Old Dominion Freight Line (ODFL) reported revenue of $1.39 billion for Q4 2024, reflecting a year-over-year decline of 7.3% and an EPS of $1.23 compared to $1.47 a year ago, with a slight revenue surprise of +0.40% and an EPS surprise of +5.13% [1] Financial Performance Metrics - Operating Ratio was reported at 75.9%, better than the estimated 76% by analysts [4] - LTL tonnage per day was 34.35 Kton/D, slightly below the average estimate of 34.5 Kton/D [4] - LTL shipments per day were 45.76 thousand, compared to the estimated 46.3 thousand [4] - LTL revenue per hundredweight was $32.10, lower than the average estimate of $32.43 [4] - LTL revenue per hundredweight, excluding fuel surcharges, was $27.52, slightly above the estimate of $27.42 [4] - Total revenue from LTL services was $1.37 billion, matching the average estimate, but representing a year-over-year decline of 7.4% [4] - Total revenue from other services was $13.53 million, below the average estimate of $18.82 million, indicating a year-over-year change of -3.8% [4] Stock Performance - Shares of Old Dominion have returned +1.7% over the past month, aligning with the Zacks S&P 500 composite's +1.7% change [3] - The stock currently holds a Zacks Rank 4 (Sell), suggesting potential underperformance relative to the broader market in the near term [3]