Saia

Saia, Inc. operates as a transportation holding company. The firm through its wholly-owned subsidiaries provides regional and interregional less-than-truckload (LTL) services through a single integrated organization. The firm also offers other value-added services, including non-asset truckload, expedited and logistics services across North America. The company was founded by Louis Saia, Sr. in 1924 and is headquartered in Johns Creek, GA.

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Saia (SAIA) achieves record earnings in 2022, eyes growth opportunities

Saia's Q4 2022 performance reflects record revenue and earnings, driven by pricing power and cost management.
While facing challenges like shipment volume declines, the company remains optimistic about growth opportunities.
By focusing on service quality, cost control, and pricing strategies, Saia aims to sustain profitability and attract loyal customers.

Saia maintains revenue stability amidst shipment declines and operational focus

Saia Inc. maintained revenue stability through a strategic focus on revenue per shipment despite shipment volume declines. The company's emphasis on cost management, service quality, and operational efficiency positions it well to navigate market challenges and capitalize on growth opportunities. Saia aims for a 100 basis points improvement in operating ratio from Q1 to Q2 through volume growth and cost management strategies.

Saia navigates challenges, eyes growth amidst market dynamics in Q2

Saia's Q2 performance showcased resilience with positive volume and revenue trends despite revenue decline and operational challenges.
The company's strengths in customer focus, pricing optimization, and strategic asset ownership position it for growth amidst economic uncertainty.
Challenges like operating ratio deterioration and pricing pressure require Saia to focus on operational efficiency and strategic pricing decisions.
Opportunities in market conditions, accelerated growth, and capacity creation through data analytics offer avenues for Saia's continued success and expansion.

Saia achieves record revenue in Q3, eyes growth opportunities

Saia's Q3 2023 performance reflects strong revenue growth and operational resilience despite cost pressures. The company's strategic focus on service quality, pricing strategies, and capacity optimization positions it for sustainable growth and margin improvements.

Saia posts record earnings, plans strategic expansion for growth

Saia's Q4 2023 showcased robust financial performance and strategic growth initiatives.
While facing challenges in managing excess capacity and operational uncertainties, Saia is poised for efficiency gains.
The company's focus on network expansion, customer experience, and margin control presents promising opportunities for future growth.

Saia reports robust Q1 growth amidst strategic expansion plans

Saia's Q1 performance reflects strong revenue growth and operational improvements despite challenges.
The company's strategic focus on service excellence, pricing discussions, and expansion plans positions it for sustainable growth.
High employee engagement, stable claims ratio, and customer-first initiatives are key strengths driving Saia's success.
While facing challenges like volume expectations and macro uncertainties, Saia is leveraging opportunities in expansion and service enhancement.

Saia reports record Q2 revenue, faces mix impact challenges

Saia's Q2 2024 showed strong revenue growth and operational improvements.
While facing challenges with new facilities, the company remains optimistic.
Maintaining customer service focus and pricing discipline are key priorities.
Saia is committed to long-term value creation and growth strategies.

Saia reports record Q3 revenue growth, eyes margin improvement in 2025

Saia's Q3 performance reflected growth in revenue and shipments, though challenges like operating ratio deterioration and pricing concerns persist. The company's strengths in customer service, pricing initiatives, and network expansion position it well for long-term success. Opportunities for margin improvement, strategic growth, and investor returns underscore a positive outlook for Saia.

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Old Dominion Freight Line

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Why Saia and Old Dominion Stocks Are in the Fast Lane Today

JOHNS CREEK, Ga., June 04, 2024 (GLOBE NEWSWIRE) -- Saia, Inc. (Nasdaq: SAIA), a leading transportation provider offering national less-than-truckload (LTL), non-asset truckload, expedited and logistics services, is providing LTL shipment and tonnage data for the first two months of the second quarter. In April 2024, LTL shipments per workday increased 18.0%, LTL tonnage per workday increased 7.6% and LTL weight per shipment declined 8.8% to 1,332 pounds. In May 2024, LTL shipments per workday increased 18.6%, LTL tonnage per workday increased 9.8% and LTL weight per shipment declined 7.4% to 1,345 pounds.

Saia Provides Second Quarter LTL Operating Data

The new Pennsylvania location brings the number of facilities the carrier operates in the state to seven The new Pennsylvania location brings the number of facilities the carrier operates in the state to seven

Saia Continues Expansion with New Terminal

JOHNS CREEK, Ga., May 14, 2024 (GLOBE NEWSWIRE) -- Saia, Inc. (Nasdaq: SAIA), a leading transportation provider offering national less-than-truckload (LTL), non-asset truckload, expedited and logistics services, today announced that Matthew Batteh has been promoted to Executive Vice President and Chief Financial Officer and Secretary, effective immediately.

Batteh Named Saia's Chief Financial Officer

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SAIA is gaining market share in the LTL industry and seeing good pricing and volume increases despite tough macros. While SAIA missed consensus estimates due to tough macros, I believe these headwinds are transient and the long-term growth story is intact. Valuation has become reasonable post-recent correction.

Saia: Recent Correction Is A Buying Opportunity

Saia, Inc. (NASDAQ:SAIA ) Q1 2024 Earnings Call Transcript April 26, 2024 10:00 AM ET Company Participants Douglas Col - Executive Vice President and Chief Financial Officer Frederick Holzgrefe - President and Chief Executive Officer Conference Call Participants Scott Group - Wolfe Research Amit Mehrotra - Deutsche Bank Bruce Chan - Stifel Tom Wadewitz - UBS Eric Morgan - Barclays Jordan Alliger - Goldman Sachs Jonathan Chappell - Evercore ISI Daniel Imbro - Stephens Brian Ossenbeck - JPMorgan Ravi Shanker - Morgan Stanley Tyler Brown - Raymond James Bascome Majors - Susquehanna Jason Seidl - TD Cowen Ken Hoexter - Bank of America Stephanie Moore - Jefferies Operator Good morning and welcome to Saia's First Quarter 2024 Earnings Conference Call. All participants are in a listen-only mode.

Saia, Inc. (SAIA) Q1 2024 Earnings Call Transcript

Saia reported solid growth but still missed estimates on the top and bottom lines. Management said its performance in March was below expectations.

Why Saia Stock Plunged Today

Although the revenue and EPS for Saia (SAIA) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Saia (SAIA) Reports Q1 Earnings: What Key Metrics Have to Say

JOHNS CREEK, Ga., April 26, 2024 (GLOBE NEWSWIRE) -- Saia, Inc. (Nasdaq: SAIA), a leading transportation provider offering national less-than-truckload (LTL), non-asset truckload, expedited and logistics services, today announced that Douglas Col, Executive Vice President and Chief Financial Officer, plans to retire after 10 years at the Company, including the last four years as Chief Financial Officer.

Saia Announces Upcoming Retirement of CFO Douglas Col

JOHNS CREEK, Ga., April 26, 2024 (GLOBE NEWSWIRE) -- Saia, Inc. (Nasdaq: SAIA), a leading transportation provider offering national less-than-truckload (LTL), non-asset truckload, expedited and logistics services, today reported first quarter 2024 financial results. Diluted earnings per share for the quarter were $3.38 compared to $2.85 in the first quarter of 2023.

Saia Reports First Quarter Results

Saia (SAIA) is well positioned to outperform the market, as it exhibits above-average growth in financials.

Saia (SAIA) is an Incredible Growth Stock: 3 Reasons Why

Get a deeper insight into the potential performance of Saia (SAIA) for the quarter ended March 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

Saia (SAIA) Q1 Earnings on the Horizon: Analysts' Insights on Key Performance Measures

JOHNS CREEK, Ga., April 22, 2024 (GLOBE NEWSWIRE) -- Saia Inc. (NASDAQ: SAIA) announced that Saia LTL Freight will open two new terminals today, one near Trenton, New Jersey, and another in St. George, Utah. The facilities will provide expanded, enhanced service to customers in these important markets.

Saia Expands Network in New Jersey and Utah

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JOHNS CREEK, Ga., April 11, 2024 (GLOBE NEWSWIRE) -- Saia, Inc. (Nasdaq: SAIA), a leading transportation provider offering national less-than-truckload (LTL), non-asset truckload, expedited and logistics services, announced that it will release its quarterly financial results before the market opens on Friday, April 26th. Saia management will host a conference call to discuss the results later that morning at 10:00 a.m. Eastern Time.

Saia to Announce First Quarter 2024 Results on April 26, 2024

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Saia (SAIA) possesses solid growth attributes, which could help it handily outperform the market.

3 Reasons Growth Investors Will Love Saia (SAIA)

Saia (SAIA) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Saia (SAIA) Upgraded to Buy: What Does It Mean for the Stock?

JOHNS CREEK, Ga. , April 08, 2024 (GLOBE NEWSWIRE) -- Saia Inc. (NASDAQ: SAIA) announced that Saia LTL Freight will open two new terminals today across its growing network.

Saia Opens Two New Terminals

JOHNS CREEK, Ga., March 04, 2024 (GLOBE NEWSWIRE) -- Saia, Inc. (Nasdaq: SAIA), a leading transportation provider offering national less-than-truckload (LTL), non-asset truckload, expedited and logistics services, is providing LTL shipment and tonnage data for the first two months of the first quarter. In January 2024, LTL shipments per workday increased 11.8%, LTL tonnage per workday increased 3.3% and LTL weight per shipment declined 7.5% to 1,334 pounds. In February 2024, LTL shipments per workday increased 19.0%, LTL tonnage per workday increased 11.0% and LTL weight per shipment declined 6.7% to 1,311 pounds.

Saia Provides First Quarter LTL Operating Data

Saia, Inc. (SAIA) Q4 2023 Earnings Call Transcript

Saia (SAIA) came out with quarterly earnings of $3.33 per share, beating the Zacks Consensus Estimate of $3.19 per share. This compares to earnings of $2.65 per share a year ago.

News for Saia Stock (SAIA)