Old Dominion (ODFL) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Old Dominion Freight Line (ODFL) reported $1.55 billion in revenue for the quarter ended June 2026, representing a year-over-year increase of 10.4%. EPS of $1.68 for the same period compares to $1.27 a year ago.

The reported revenue represents a surprise of +0.8% over the Zacks Consensus Estimate of $1.54 billion. With the consensus EPS estimate being $1.52, the EPS surprise was +10.53%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

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: 70.1% compared to the 72.6% average estimate based on four analysts.
• LTL tonnage per day: 31.80 Kton/D versus the two-analyst average estimate of 31.96 Kton/D.
• LTL shipments per day: 42.33 thousand versus 42.53 thousand estimated by two analysts on average.
• LTL revenue per hundredweight: $37.84 compared to the $37.36 average estimate based on two analysts.
• LTL revenue per hundredweight, excluding fuel surcharges: $29.71 versus $29.69 estimated by two analysts on average.
• Work days: 64.00 Days versus the two-analyst average estimate of 64.00 Days.
• LTL weight per shipment (lbs.): 1,503.00 lbs versus the two-analyst average estimate of 1,503.04 lbs.
• LTL shipments: 2,709 compared to the 2,722 average estimate based on two analysts.
• LTL tons: 2,035.00 KTon versus the two-analyst average estimate of 2,045.38 KTon.

View all Key Company Metrics for Old Dominion here>>>

Shares of Old Dominion have returned +4.5% over the past month versus the Zacks S&P 500 composite's +1.9% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.

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This article originally published on Zacks Investment Research (zacks.com).

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