Saia, Inc. (SAIA) Misses Q1 EPS by 7c
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Go back to Saia, Inc. (SAIA) Misses Q1 EPS by 7c
April 29, 2024 5:16 AM EDT
BofA Securities analyst Ken Hoexter lowered the price target on Saia Inc. (NASDAQ: SAIA) to $484.00 (from $645.00) while maintaining a Buy rating.
The analyst comments "Saia Inc. (SAIA) posted 1Q24 EPS of $3.38, below our/Streets $3.45 estimate. The stock, which had been trading at 36x our... More
April 26, 2024 8:44 AM EDT
Saia, Inc. (NASDAQ: SAIA)
Saia, Inc. (NASDAQ: SAIA), a prominent player in the transportation sector, disclosed its financial results for the first quarter of 2024 today, revealing a shortfall in earnings and revenue against analyst expectations. The company's diluted earnings per share (EPS) stood at $3.38, which was $0.07 below the analyst estimate of $3.45. Revenue for the quarter was reported at $754.8 million, falling short of the consensus estimate of $772.36 million.
Despite the earnings... More
