Income fell 5.7% year over year (Y/Y) to $1.307 billion, beating expectations of $1.298 billion. The decrease was mainly due to a 10.7% Y/Y drop in LTL loads daily. The business published profits of $1.09 per share, down 11.4% Y/Y however above the Street quote of $1.06.
For financial 2026, the business anticipates aggregate capital investment of around $265 million.
Old Rule shares fell 6% to $196.00 in pre-market trading.
These experts made modifications to their rate targets on Old Rule following profits statement.
- Baird expert Daniel Moore reduced Old Rule Freight Line from Neutral to Underperform and raised the rate target from $166 to $204.
- Jefferies expert Stephanie Moore kept the stock with a Hold and raised the rate target from $160 to $195.
- Morgan Stanley expert Ravi Shanker kept Old Rule Freight Line with an Obese ranking and raised the rate target from $190 to $209.
Thinking about purchasing ODFL stock? Here’s what experts believe:
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