SAIA Stock Recent News

The new facility will enhance service efficiency and reduce transit times for shippers. The new facility will enhance service efficiency and reduce transit times for shippers.

The Zacks Industry Rank for the Transportation-Truck industry paints a dull picture mainly due to the slowdown in freight demand. We believe stocks like JBHT, SAIA and KNX are better positioned to escape industry challenges presently.

SAIA is poised for growth due to increased geographic penetration, solid pricing, and favorable macro conditions, warranting a buy rating. Recent revenue growth is driven by disciplined pricing, market share gains, and new terminal openings, with a positive outlook for future growth. Margins are expected to improve with the new terminals ramp-up, pricing increases, and good execution.

Saia is excited to recognize the employees, customers and commitment that made this milestone possible Saia is excited to recognize the employees, customers and commitment that made this milestone possible

Price action can be one of the best indicators for investors to keep track of when figuring out where the market is trying to go in the coming quarters. As it turns out, most – if not all – asset classes rose tremendously the morning after the United States presidential elections, and as Warren Buffett says, all boats will do well on a rising tide.

Saia, Inc. (NASDAQ:SAIA ) Q3 2024 Earnings Conference Call October 25, 2024 10:00 AM ET Company Participants Matthew Batteh - Executive Vice President and Chief Financial Officer Frederick Holzgrefe - President and Chief Executive Officer Conference Call Participants Ken Hoexter - Bank of America Jordan Alliger - Goldman Sachs Daniel Imbro - Stephens Tom Wadewitz - UBS Fadi Chamoun - BMO Capital Markets Brian Ossenbeck - JPMorgan Eric Morgan - Barclays Jonathan Chappell - Evercore ISI Christian Wetherbee - Wells Fargo Jason Seidl - TD Cowen Ben Moore - Citi Ravi Shanker - Morgan Stanley Stephanie Moore - Jefferies Bascome Majors - Susquehanna Chris Kuhn - The Benchmark Company Tyler Brown - Raymond James Operator Ladies and gentlemen, thank you for standing by. My name is Abby and I will be your conference operator today.

Although the revenue and EPS for Saia (SAIA) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Saia (SAIA) came out with quarterly earnings of $3.46 per share, missing the Zacks Consensus Estimate of $3.53 per share. This compares to earnings of $3.67 per share a year ago.

JOHNS CREEK, Ga., Oct. 25, 2024 (GLOBE NEWSWIRE) -- Saia, Inc. (Nasdaq: SAIA), a leading transportation provider offering national less-than-truckload (LTL), non-asset truckload, expedited and logistics services, today reported third quarter 2024 financial results. Diluted earnings per share for the quarter were $3.46 compared to $3.67 in the third quarter of 2023.

Evaluate the expected performance of Saia (SAIA) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.