Saia, Inc. (SAIA) Tops Q1 EPS by 2c
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Saia Reports First Quarter Earnings per Share of $0.42
April 27, 2016 7:30 AM EDTJOHNS CREEK, GA -- (Marketwired) -- 04/27/16 -- Saia, Inc. (NASDAQ: SAIA), a leading transportation provider offering multi-regional less-than-truckload (LTL), non-asset truckload and logistics services, today reported first quarter 2016 financial results.
First Quarter 2016 Compared to First Quarter 2015 Results
Revenues were $290 million, a decline of 1.1% Operating income decreased by 17% to $17.6 million Net income fell 16% to $10.6 million Diluted earnings per share were $0.42 compared to $0.49 Operating ratio of 93.9 compared to 92.8 LTL shipments per workday fell by 0.8% and LTL tonnage per workday declined 3.4% LTL revenue... More