Saia, Inc. (SAIA) Reports In-Line Q4 EPS, Beats on Revenues

Saia, Inc. (NASDAQ: SAIA) reported Q4 EPS of $0.53, in-line with the analyst estimate of $0.53. Revenue for the quarter came in at $353 million versus the consensus estimate of $343.13 million.

Fourth quarter 2017 diluted earnings per share of $1.82 compares to $0.40 in the fourth quarter of 2016. For the full year 2017, our diluted earnings per share were $3.49 versus $1.87 in 2016. During the fourth quarter of 2017, the Company recorded a reduction in deferred income tax liability that was required as a result of the passage of the Tax Cuts and Jobs Act. Excluding this reduction, diluted earnings per share were $0.53 for the fourth quarter and $2.19 per share for 2017. 1

Highlights from our fourth quarter and full year operating results were as follows:

Fourth Quarter 2017 Compared to Fourth Quarter 2016 Results

• Revenues were $353 million, a 17.7% increase
• Operating income was $22.9 million, a 33.2% increase
• Operating ratio improved by 80 basis points to 93.5
• LTL shipments per workday increased 8.7%
• LTL tonnage per workday increased 8.3%
• LTL revenue per hundredweight increased 8.7%

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

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