Old Dominion Earnings Shine Despite Revenue Slide, CEO Blames 'Ongoing Softness' In Economy
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 23 2025
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Source: Benzinga
First Quarter Financial Results: Old Dominion Freight Line reported a 5.8% year-over-year decline in revenue to $1.375 billion, with EPS of $1.19 surpassing expectations, despite a decrease in LTL tons and shipments per day.
Market Response and Economic Outlook: Shares rose by 5.46% following the earnings report, as CEO Marty Freeman noted ongoing economic softness but expressed optimism about potential demand recovery.
Analyst Views on SUPL
Wall Street analysts forecast SUPL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SUPL is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 41.576
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Current: 41.576
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
