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Compared to Estimates, Old Dominion (ODFL) Q4 Earnings: A Look at Key Metrics
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Old Dominion Freight Line (ODFL - Free Report) reported $1.39 billion in revenue for the quarter ended December 2024, representing a year-over-year decline of 7.3%. EPS of $1.23 for the same period compares to $1.47 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $1.38 billion, representing a surprise of +0.40%. The company delivered an EPS surprise of +5.13%, with the consensus EPS estimate being $1.17.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Old Dominion performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Operating Ratio: 75.9% versus 76% estimated by six analysts on average.
LTL tonnage per day: 34.35 Kton/D compared to the 34.5 Kton/D average estimate based on four analysts.
LTL shipments per day: 45.76 thousand versus 46.3 thousand estimated by four analysts on average.
LTL revenue per hundredweight: $32.10 compared to the $32.43 average estimate based on four analysts.
LTL revenue per hundredweight, excluding fuel surcharges: $27.52 versus the four-analyst average estimate of $27.42.
LTL shipments: 2,837 versus 2,870 estimated by four analysts on average.
LTL tons: 2,130 KTon compared to the 2,140.84 KTon average estimate based on four analysts.
LTL weight per shipment (lbs.): 1,501 lbs compared to the 1,491.97 lbs average estimate based on four analysts.
Work days: 62 Days versus the four-analyst average estimate of 62 Days.
LTL revenue per shipment: $481.91 versus $475.52 estimated by three analysts on average.
Total revenue- Other services: $13.53 million versus the two-analyst average estimate of $18.82 million. The reported number represents a year-over-year change of -3.8%.
Total revenue- LTL services: $1.37 billion compared to the $1.37 billion average estimate based on two analysts. The reported number represents a change of -7.4% year over year.
Shares of Old Dominion have returned +1.7% over the past month versus the Zacks S&P 500 composite's +1.7% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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Compared to Estimates, Old Dominion (ODFL) Q4 Earnings: A Look at Key Metrics
Old Dominion Freight Line (ODFL - Free Report) reported $1.39 billion in revenue for the quarter ended December 2024, representing a year-over-year decline of 7.3%. EPS of $1.23 for the same period compares to $1.47 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $1.38 billion, representing a surprise of +0.40%. The company delivered an EPS surprise of +5.13%, with the consensus EPS estimate being $1.17.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Old Dominion performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Operating Ratio: 75.9% versus 76% estimated by six analysts on average.
- LTL tonnage per day: 34.35 Kton/D compared to the 34.5 Kton/D average estimate based on four analysts.
- LTL shipments per day: 45.76 thousand versus 46.3 thousand estimated by four analysts on average.
- LTL revenue per hundredweight: $32.10 compared to the $32.43 average estimate based on four analysts.
- LTL revenue per hundredweight, excluding fuel surcharges: $27.52 versus the four-analyst average estimate of $27.42.
- LTL shipments: 2,837 versus 2,870 estimated by four analysts on average.
- LTL tons: 2,130 KTon compared to the 2,140.84 KTon average estimate based on four analysts.
- LTL weight per shipment (lbs.): 1,501 lbs compared to the 1,491.97 lbs average estimate based on four analysts.
- Work days: 62 Days versus the four-analyst average estimate of 62 Days.
- LTL revenue per shipment: $481.91 versus $475.52 estimated by three analysts on average.
- Total revenue- Other services: $13.53 million versus the two-analyst average estimate of $18.82 million. The reported number represents a year-over-year change of -3.8%.
- Total revenue- LTL services: $1.37 billion compared to the $1.37 billion average estimate based on two analysts. The reported number represents a change of -7.4% year over year.
View all Key Company Metrics for Old Dominion here>>>Shares of Old Dominion have returned +1.7% over the past month versus the Zacks S&P 500 composite's +1.7% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.