Old Dominion Freight Line Inc Ordinary Shares
ODFL: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|V< | LOCK|G?@Ds | LOCK|#$Q&?Hq |
Old Dominion Earnings: Unfavorable LTL Demand Backdrop Will Probably Persist Near Term
Narrow-moat less-than-truckload specialist Old Dominion's second-quarter revenue fell 6% year over year on lower tonnage (persistently weak underlying LTL demand). As expected, operating profitability deteriorated on lost operating leverage, though OD remains the industry margin leader.
