* Saia Inc reported quarterly adjusted earnings of $3.46 per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of $3.67. The mean expectation of eighteen analysts for the quarter was for earnings of $3.53 per share. Wall Street expected results to range from $3.36 to $3.69 per share.
* Revenue rose 8.6% to $842.10 million from a year ago; analysts expected $839.88 million.
* Saia Inc's reported EPS for the quarter was $3.46.
* The company reported quarterly net income of $92.75 million.
* Saia Inc shares had fallen by 5.2% this quarter and lost 5.4% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by about 7.9% in the last three months.
* In the last 30 days, seven analysts negatively revised earnings estimates
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy," 5 "hold" and 1 "sell" or "strong sell."
* The average consensus recommendation for the ground freight & logistics peer group is also "buy"
Wall Street's median 12-month price target for Saia Inc is 492.00 This summary was machine generated from LSEG data October 27 at 03:42 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Sep. 30 2024 3.53 3.46 Missed
Jun. 30 2024 4.00 3.83 Missed
Mar. 31 2024 3.44 3.38 Missed
Dec. 31 2023 3.20 3.33 Beat