Saia, Inc. (SAIA) Misses Q3 EPS by 1c, Beats on Revenues

Saia, Inc. (NASDAQ: SAIA) reported Q3 EPS of $0.55, $0.01 worse than the analyst estimate of $0.56. Revenue for the quarter came in at $350 million versus the consensus estimate of $343.95 million.

Third Quarter 2017 Compared to Third Quarter 2016 Results

• Revenues were $350 million, a 10.6% increase
• LTL Shipments and LTL Tonnage per workday rose 3.1% and 3.6%, respectively
• LTL Revenue per hundredweight increased 8.0%
• Operating ratio rose by 20 basis points to 93.0%
• Operating income increased by 8.6% to $24.6 million
• Net income rose 4.2% to $14.4 million
• Diluted earnings per share were $0.55 compared to $0.54

For earnings history and earnings-related data on Saia, Inc. (SAIA) click here.

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