Old Dominion Freight Line Q2 Revenue Rises 10.4% to $1.55 Billion, Beats Estimates

Yahoo Finance··US·Read original
3▲4 ▼1Impact / 5
Summary · why it matters

Old Dominion Freight Line reported second-quarter revenues of $1.55 billion, up 10.4% year on year and 0.7% above analysts' expectations, as the 15 ground transportation stocks tracked by the report collectively beat consensus revenue estimates by 1.7%. The company also beat analysts' EPS estimates, with President and Chief Executive Officer Marty Freeman noting a 30.0% increase in operating income, earnings per diluted share matching the previous Company record set in the third quarter of 2022, 99% on-time service and a claims ratio of 0.1%. Old Dominion shares are down 21.3% since reporting and trade at $178.10, while the group's share prices are down 9.5% on average since the latest earnings results. Among peers, RXO posted the best quarter with revenues of $1.77 billion, up 25% year on year and 7.9% above expectations, while Werner was the weakest, reporting revenues of $933.9 million, up 24% and in line with expectations but with a significant miss on EPS. Hertz reported revenues of $2.40 billion, up 9.7% and 4.9% above expectations, and Schneider reported revenues of $1.57 billion, up 10.4% and 3.9% above expectations.

Impact on assets 5

Industrials± Mixed · 5 stocks
RXO Inc.
RXO
▲ PositiveCapitalrelevance

RXO posted the best quarter with revenues up 25% and 7.9% above expectations.

Schneider National Inc
SNDR
▲ PositiveCapitalrelevance

Schneider reported revenues of $1.57 billion, up 10.4% and 3.9% above expectations.

Werner Enterprises Inc
WERN
▼ NegativeCapitalrelevance

Werner was the weakest, with a significant miss on EPS despite in-line revenues.

© 2026 MarketIVNews