Old Dominion Freight Line Inc Ordinary Shares

ODFL: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$764.00	Tswnbw	Bknykvhfzr

Old Dominion Earnings: Execution Intact, but LTL Backdrop Remains Unfavorable

Matthew Young

Apr 25, 2024

Narrow moat less-than-truckload specialist Old Dominion posted slight 1% year-over-year revenue growth driven by higher all-in yields, as volumes once again declined. Revenue came in slightly below our expected run rate on softer-than-expected tonnage trends.

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