SAIA is poised for growth due to increased geographic penetration, solid pricing, and favorable macro conditions, warranting a buy rating. Recent revenue growth is driven by disciplined pricing, market share gains, and new terminal openings, with a positive outlook for future growth. Margins are expected to improve with the new terminals ramp-up, pricing increases, and good execution.
Saia, Inc. (NASDAQ:SAIA ) Q3 2024 Earnings Conference Call October 25, 2024 10:00 AM ET Company Participants Matthew Batteh - Executive Vice President and Chief Financial Officer Frederick Holzgrefe - President and Chief Executive Officer Conference Call Participants Ken Hoexter - Bank of America Jordan Alliger - Goldman Sachs Daniel Imbro - Stephens Tom Wadewitz - UBS Fadi Chamoun - BMO Capital Markets Brian Ossenbeck - JPMorgan Eric Morgan - Barclays Jonathan Chappell - Evercore ISI Christian Wetherbee - Wells Fargo Jason Seidl - TD Cowen Ben Moore - Citi Ravi Shanker - Morgan Stanley Stephanie Moore - Jefferies Bascome Majors - Susquehanna Chris Kuhn - The Benchmark Company Tyler Brown - Raymond James Operator Ladies and gentlemen, thank you for standing by. My name is Abby and I will be your conference operator today.
Although the revenue and EPS for Saia (SAIA) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Saia (SAIA) came out with quarterly earnings of $3.46 per share, missing the Zacks Consensus Estimate of $3.53 per share. This compares to earnings of $3.67 per share a year ago.
Evaluate the expected performance of Saia (SAIA) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Saia (SAIA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Saia reported another month of strong demand in August.
Investors need to pay close attention to Saia (SAIA) stock based on the movements in the options market lately.
Saia, Inc. (NASDAQ:SAIA ) Q2 2024 Earnings Conference Call July 26, 2024 10:00 AM ET Company Participants Matt Batteh - Executive Vice President & Chief Financial Officer Fritz Holzgrefe - President and Chief Executive Officer Conference Call Participants Ken Hoexter - Bank of America Daniel Imbro - Stephens Fadi Chamoun - BMO Capital Markets Chris Wetherbee - Wells Fargo Tom Wadewitz - UBS Jon Chappell - Evercore ISI Jordan Alliger - Goldman Sachs Ravi Shanker - Morgan Stanley Eric Morgan - Barclays Uday Khanapurkar - TD Cowen Brian Ossenbeck - JPMorgan Matt Milask - Stifel Stephanie Moore - Jefferies Bascome Majors - Susquehanna Operator Good morning, ladies and gentlemen, and thank you for standing by. My name is Abby, and I will be your conference operator today.
Saia missed estimates in the quarter, in part because of added spending related to recent expansion. The company faces a tough operating environment right now, but the sell-off appears to be overdone.
While the top- and bottom-line numbers for Saia (SAIA) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Saia (SAIA) came out with quarterly earnings of $3.83 per share, missing the Zacks Consensus Estimate of $4 per share. This compares to earnings of $3.42 per share a year ago.