Saia Reports First Quarter Results
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Saia, Inc. (SAIA) Tops Q1 EPS by 24c, Revenues Beat
April 29, 2020 7:31 AM EDTSaia, Inc. (NASDAQ: SAIA) reported Q1 EPS of $1.06, $0.24 better than the analyst estimate of $0.82. Revenue for the quarter came in at $446.4 million versus the consensus estimate of $440.25 million.
Highlights from the first quarter operating results were as follows:
First Quarter 2020 Compared to First Quarter 2019 Results
Revenue was $446.4 million, an 8.7% increaseOperating income was $38.8 million, a 35.4% increaseOperating ratio of 91.3 compared to 93.0LTL shipments per workday rose 2.3%LTL tonnage per workday increased by 4.0%LTL revenue per hundredweight increased 3.1%LTL revenue per shipment rose 4.9% to... More