Old Dominion Freight Line gains after Q1 earnings beat

Old Dominion Freight Line's ODFL.O shares up 2.8% before the bell to $156.28 after qtrly earnings please

Thomasville, North Carolina-based less-than-truckload (LTL) carrier reports Q1 EPS of $1.19, beating consensus by 5 cents, per LSEG data

Rev in qtr fell ~6% y/y to $1.37 bln, inline with analysts' expectations

Decrease in rev primarily due to 6.3% decrease in LTL tons per day partially offset by increase in LTL rev per hundredweight, co says in statement

"While we were encouraged to see signs of improving demand during the first quarter, there continues to be uncertainty with the economy" - CEO Marty Freeman

Of 25 analysts covering ODFL, 7 rate stock "strong buy" or "buy", 15 rate "hold" while 3 rate "sell" or "strong sell"; median PT of $181.50 down from $200 a month ago - LSEG

Through Tues close, stock down ~14% YTD. That compares to ~5% decline in S&P 500 Industrials .SPLRCI and ~16% drop in Dow Jones Transport Average .DJT in 2025