Saia, Inc. (SAIA) Misses Q1 EPS by 4c, Revenues Miss

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Saia Reports First Quarter Earnings per Share of $0.85

May 1, 2019 7:30 AM EDT

JOHNS CREEK, Ga., May 01, 2019 (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 2019 financial results. Diluted earnings per share in the quarter were $0.85 compared to $0.80 in the first quarter of 2018.

First Quarter 2019 Compared to First Quarter 2018 Results

Revenues were $410.6 million, a 4.5% increaseOperating income was $28.6 million, a 3.8% increaseOperating ratio was flat at 93.0LTL shipments per workday decreased 0.1%LTL tonnage per workday decreased 3.5%LTL revenue per... More