What Analyst Projections for Key Metrics Reveal About Old Dominion (ODFL) Q4 Earnings

Core Viewpoint - Old Dominion Freight Line (ODFL) is expected to report a decline in quarterly earnings and revenues, with analysts predicting earnings of $1.06 per share, a 13.8% decrease year-over-year, and revenues of $1.3 billion, reflecting a 6.5% decrease compared to the same period last year [1]. Earnings Estimates - The consensus EPS estimate has been revised 2.1% lower in the last 30 days, indicating a collective reevaluation by analysts [2]. - Revisions to earnings projections are crucial for predicting investor behavior and stock price performance [3]. Revenue and Key Metrics - Analysts forecast 'Total revenue- Other services' to reach $14.55 million, a year-over-year increase of 7.5% [4]. - 'Total revenue- LTL services' is expected to be $1.27 billion, a decrease of 7.1% from the prior-year quarter [5]. - The 'Operating Ratio' is projected at 77.3%, up from 75.9% in the same quarter last year [5]. - 'LTL tonnage per day' is estimated at 32 thousand tons, down from 34 thousand tons year-over-year [5]. Shipment and Revenue Metrics - 'LTL shipments per day' are expected to be 42.56 thousand, down from 45.76 thousand year-over-year [6]. - 'LTL revenue per hundredweight' is projected at $33.49, compared to $32.10 in the previous year [6]. - 'LTL revenue per hundredweight, excluding fuel surcharges' is expected to reach $28.59, up from $27.52 in the same quarter last year [7]. - 'LTL shipments' are estimated at 2,639, down from 2,837 in the same quarter last year [7]. - 'LTL tons' are projected at 1,924 thousand tons, compared to 2,130 thousand tons year-over-year [8]. - 'LTL weight per shipment' is expected to be 1,459.4 pounds, down from 1,501.0 pounds [8]. - 'LTL revenue per shipment' is estimated at $476.84, compared to $481.91 in the previous year [8]. Stock Performance - Old Dominion shares have returned +13.7% over the past month, outperforming the Zacks S&P 500 composite's +1.8% change [9]. - With a Zacks Rank 4 (Sell), ODFL is expected to underperform the overall market in the near future [9].