Saia, Inc. (SAIA) Tops Q1 EPS by 24c, Revenues Beat

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Saia Reports First Quarter Results

April 29, 2020 7:31 AM EDT

JOHNS CREEK, Ga. , April 29, 2020 (GLOBE NEWSWIRE) -- Saia, Inc. (Nasdaq: SAIA), a leading transportation provider offering multi-regional less-than-truckload (LTL), non-asset truckload, expedited and logistics services, today reported first quarter 2020 financial results.  Diluted earnings per share in the quarter were $1.06 compared to $0.85 in the first quarter of 2019.

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... More