-- CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:
Old Dominion reported Q1 2026 EPS of $1.14, down from $1.19 but beating consensus by $0.09, while revenue declined 2.9% to $1.33B, exceeding estimates by $21M. LTL tons per day fell 7.7%, but pricing discipline drove LTL revenue per hundredweight up 4.4% to $29.13, partially offsetting volume weakness. The company maintained industry-leading service standards with 99% on-time delivery and claims ratio below 0.1%, positioning ODFL for market share gains. Management expressed confidence in handling incremental volume as demand improves and emphasized winning share through superior service delivery. Operating ratio expanded 80 bps to 76.2% due to revenue deleveraging, though strong cash generation of $374M enabled $149M in shareholder returns. Full-year 2026 capex is expected at $265M for network expansion. Shares trade at 44x FY 26 consensus estimates vs. the five-year average of 30.8x, reflecting investor optimism over operational efficiency and pricing power.