Old Dominion Freight Line, Inc. · ODFL · FY2024 Q4 · Calendar Q1 2025

Old Dominion: Demand Still Soft, Network Investment Continues

The supplied analysis supports a cautious view: resilient market share, service quality, and network investment provide support, but soft demand, excess capacity, and cost pressure limit the near-term case for stronger earnings growth.

Reported Before market openNASDAQIndustrials $39.29B market cap
80quality score

Earnings scorecard

Reported versus consensus
Reported EPS — Consensus $1.17
EPS surprise — Reported versus consensus
Reported revenue — Consensus $1.38B
Revenue surprise — Reported versus consensus

Market reaction

prior-close to event-session close
Stock move +5.4% Event window
SPY move +0.4% Same window
Abnormal move +5.0% Stock minus SPY
Volume 1.9× Versus trailing sessions
Subsequent drift -8.3% Up to 20 sessions
ODFLSPY benchmark

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Transcript intelligence

What changed

The latest analysis shifted toward a more cautious operating picture, highlighting weaker revenue, a higher operating ratio, and continued investment despite soft demand.

Guidance delta

Management guidance sentiment was maintained; the analysis describes the outlook as cautious rather than upgraded.

Key takeaways

  • Soft domestic demand and lower shipment density weighed on the latest quarter.
  • Market share remained stable despite lower volumes.
  • Management is investing in service centers and technology while looking for a demand improvement.

Management priorities

  • Expand and optimize the service-center network.
  • Continue technology upgrades and capacity enhancements.
  • Protect service quality through higher on-time performance and claim-free operations.

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Earnings History

Estimate Beat Miss Match
ODFL REVENUE earnings history estimate and actual scatter chart 9 reported fiscal quarters and 3 future estimate-only quarters. Q1 '24 estimate $1B Q1 '24 actual $1B, miss Q2 '24 estimate $1B Q2 '24 actual $1B, match Q3 '24 estimate $1B Q3 '24 actual $1B, miss Q2 '25 estimate $1B Q2 '25 actual $1B, miss Q3 '25 estimate $1B Q3 '25 actual $1B, beat Q4 '25 estimate $1B Q4 '25 actual $1B, beat Q1 '26 estimate $1B Q1 '26 actual $1B, beat Q2 '26 estimate $2B Q2 '26 actual $2B, beat Q3 '26 estimate $2B Q4 '26 estimate $1B Q1 '27 estimate $1B
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Analyst Consensus ?

ConsensusHold35 ratings
Bullish1234.3%
Neutral2057.1%
Bearish38.6%

Analyst 52W Price Targets

$190.29Current
$138Low
$230.98Average
$380High

Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 22, 2026. Not an FN2 forecast.

Firm-level rating actions

FMP grade actions identify the grading firm, not a named analyst.

FirmRatingPrior ratingActionDate
Stifel Buy BuyMaintainOct 8, 2026
Wolfe Research Peer Perform UnderperformUpgradeOct 7, 2026
Truist Securities Buy BuyMaintainOct 7, 2026
JP Morgan Neutral NeutralMaintainOct 5, 2026
Susquehanna Neutral NeutralMaintainOct 2, 2026
Show 30 more rating actions

Named analyst price targets

Upside is calculated against the persisted current price $190.3. FMP does not supply a rating on these named-analyst rows.

FirmAnalyst52W targetPrice when postedUpsideDate
Stifel NicolausAnalyst unavailable$230$175.61 +20.9%Oct 8, 2026
Truist FinancialLucas Servera$230$177.48 +20.9%Oct 7, 2026
BMO CapitalAnalyst unavailable$235$179.01 +23.5%Oct 7, 2026
SusquehannaHarrison Bauer$202$180.96 +6.2%Oct 2, 2026
BernsteinDavid Vernon$200$181.96 +5.1%Sep 10, 2026
See 101 more

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Company context

Snapshot as of publication

Old Dominion Freight Line, Inc. (ODFL) serves as a prominent less-than-truckload (LTL) freight carrier operating across the United States and North America. The company's offerings include LTL shipping solutions at regional, inter-regional, and national levels, often featuring expedited delivery options. Furthermore, ODFL provides a variety of supplementary services, such as container drayage, truckload brokerage, and supply chain consultancy. As of December 31, 2021, its extensive infrastructure comprised 10,403 tractors, 27,917 linehaul trailers, and 13,303 pickup and delivery trailers, supported by 3 fleet maintenance centers and 251 service facilities. Founded in 1934, Old Dominion Freight Line, Inc. has its corporate headquarters situated in Thomasville, North Carolina.

Historical context

All ODFL earnings

Industrials peers this season

Latest reports in the same sector

Latest beats and misses

Who reports next

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Sources

  1. Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
  2. FN2 earnings calendar · 2025-01-22T00:04:22.296664+00:00
  3. Polygon adjusted daily market bars · 2026-10-22T14:20:47.260593+00:00
  4. Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-22T14:20:47.257855+00:00

Methodology

Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.

Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.

Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.

By FN2 Research · Updated · As of 2026-10-22. For educational purposes only; not investment advice.