Saia, Inc. (SAIA) Tops Q4 EPS by 15c

Saia, Inc. (NASDAQ: SAIA) reported Q4 EPS of $0.45, $0.15 better than the analyst estimate of $0.30. Revenue for the quarter came in at $288 million versus the consensus estimate of $291.1 million.

"Consistent with our strategy over the past several years, we continued to focus on yield improvement in the fourth quarter. With effective mix management, we realized improvements in both our yield and revenue per shipment, despite weak industrial freight volumes. We are closely managing costs across our organization and working to refine our processes to optimize all of our Company assets," said Saia President and Chief Executive Officer, Rick O'Dell.

"While it is somewhat satisfying to report our fourth consecutive year of record earnings per share, we enter 2016 with some uncertainty with regarding the health of the industrial economy. At Saia, we will continue to focus on the elements of the business we can control and stay the course towards delivering a strong value proposition to our customers," O'Dell added.

For earnings history and earnings-related data on Saia, Inc. (SAIA) click here.

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