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Old Dominion Freight Line (ODFL)
NASDAQ:ODFL
Earnings Data
Report Date
Apr 23, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
1.16Last Year’s EPS
1.34Same Quarter Last Year
Based on 15 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 05, 2025
|% Change Since: -8.88%
|Next Earnings Date:Apr 23, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted Old Dominion's strong operational performance and strategic investments despite facing revenue and volume declines due to economic softness. The company maintained high service quality and continued investing in network expansion, but financial metrics like revenue, earnings per share, and operating ratio experienced negative impacts.Company Guidance
During the fourth quarter of 2024, Old Dominion Freight Line reported a revenue of $1.39 billion, a 7.3% decrease from the prior year, primarily due to an 8.2% decrease in LTL revenue per hundredweight. Despite this decline, the company maintained a consistent market share and achieved a 99% on-time service rate with a cargo claims ratio below 0.1%. The operating ratio increased by 410 basis points to 75.9%, influenced by decreased revenue, which had a deleveraging effect on operating expenses. Capital expenditures totaled $771 million for the year, supporting the expansion of the service center network, while cash flow from operations reached $1.7 billion. Looking ahead to the first quarter of 2025, Old Dominion anticipates the operating ratio to be flat to up 50 basis points compared to the fourth quarter, aided by expected improvements in insurance expense as a percentage of revenue. The company remains cautiously optimistic, poised to leverage its strategic investments and operational efficiency in anticipation of a potential uptick in demand.Strong On-Time Service and Low Cargo Claims
Old Dominion reported a 99% on-time service rate and a cargo claims ratio below 0.1%, indicating superior operational efficiency and service quality.
Continued Investment Despite Economic Challenges
The company invested $771 million in capital expenditures in 2024, including $664 million over two years for service center network expansion, showing commitment to long-term growth.
Increased Cash Dividends
The board approved a quarterly dividend of $0.28 per share for the first quarter of 2025, a 7.7% increase compared to Q1 2024.
Improvement in Industrial Business
Fourth quarter saw industrial business outperform retail, with better revenue performance than the overall company, indicating potential recovery in industrial demand.
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ODFL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ODFL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 05, 2025 | $183.37 | $193.34 | +5.44% |
| Oct 23, 2024 | $198.99 | $188.14 | -5.45% |
| Jul 24, 2024 | $193.05 | $193.82 | +0.40% |
| Apr 24, 2024 | $218.05 | $193.96 | -11.05% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Old Dominion Freight Line (ODFL) report earnings?
Old Dominion Freight Line (ODFL) is schdueled to report earning on Apr 23, 2025, TBA Not Confirmed.
What is Old Dominion Freight Line (ODFL) earnings time?
Old Dominion Freight Line (ODFL) earnings time is at Apr 23, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ODFL EPS forecast?
ODFL EPS forecast for the fiscal quarter 2025 (Q1) is 1.16.
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