Old Dominion Q2 EPS Soars 32% to $1.68, Revenue Tops Estimates
ODFL sits 75% above its 52-week low of $126.01.
Summary
Old Dominion delivered a standout Q2, with EPS surging 32.3% to $1.68, well above the $1.49 consensus, and revenue up 10.4% to $1.554 billion. The core LTL business showed strong pricing power—revenue per hundredweight jumped 15.2% excluding fuel—more than offsetting a 4.1% tonnage decline. Operating ratio improved 450 bps to 70.1%, reflecting disciplined cost control and a $17.2 million gain on asset sales. Despite the beat, shares dipped 1.83%, suggesting the market may have priced in the strong preliminary May metrics reported in early June. The company generated $272.7 million in operating cash flow and returned $360.4 million to shareholders via buybacks and dividends in the first half. Full-year capex guidance of $380 million signals continued investment in network expansion.
At the time of this announcement, ODFL was trading at $220.01 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $45.8B. The 52-week trading range was $126.01 to $252.03. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Benzinga.