Saia, Inc. (SAIA) Misses Q3 EPS by 22c

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Saia Reports Third Quarter Earnings per Share of $0.46

October 28, 2015 7:30 AM EDT

JOHNS CREEK, GA -- (Marketwired) -- 10/28/15 -- Saia, Inc. (NASDAQ: SAIA), a leading transportation provider offering multi-regional less-than-truckload (LTL), non-asset truckload and logistics services, today reported third quarter 2015 results.

Third Quarter 2015 Compared to Third Quarter 2014 Results

Revenues were $317 million, a 4.6% decrease Operating income decreased 27% to $19.8 million Diluted earnings per share were $0.46 compared to $0.64 Operating ratio of 93.7 compared to 91.8 LTL shipments were down 4.2% and LTL tonnage declined 6.7% LTL revenue per hundredweight increased 2.2% despite the impact of lower year-over-year fuel... More