Earnings Alerts

Saia Inc (SAIA) Earnings: 2Q EPS Misses Estimates Despite Revenue Growth and Market Share Gains

  • Q2 EPS Miss: Saia reported an EPS of $3.83, which was lower than the estimated $4.00.
  • Year-over-Year Comparison: EPS showed a gain from $3.42 last year to $3.83 this year.
  • Revenue: Revenue increased by 19% year-over-year, reaching $823.2 million. The estimate was $827.8 million.
  • Operating Ratio: The operating ratio was 83.3%, slightly higher than last year’s 82.7% and the estimated 82.6%.
  • LTL Shipments: Less-than-Truckload (LTL) shipments amounted to 2.33 million, up 18% from the previous year, surpassing the estimate of 2.31 million.
  • LTL Shipments per Day: Shipments per day grew by 18.1% year-over-year.
  • LTL Tons per Day: Tons per day increased by 9.7% year-over-year.
  • Market Disruptions: Disruptions in the LTL market since 2023 and ongoing investments in the network contributed to market share gains.
  • Recommendations: There are 11 buy recommendations, 5 holds, and 2 sells on the stock.

A look at Saia Inc Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth4
Resilience3
Momentum3
OVERALL SMART SCORE2.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Saia Inc, a company involved in trucking transportation, exhibits a positive long-term outlook based on the Smartkarma Smart Scores analysis. The company’s strong growth score of 4 indicates a promising future in terms of financial performance and expansion opportunities. Additionally, Saia Inc demonstrates resilience with a score of 3, suggesting the company’s ability to withstand economic challenges and market fluctuations. Moderate momentum and value scores of 3 and 2, respectively, further contribute to Saia Inc‘s overall positive outlook, positioning the company well for sustained growth and competitiveness in the transportation industry.

Saia, Inc. provides trucking transportation services to various industries across the United States. With a focus on regional, interregional, and national less-than-truckload services, as well as selected truckload services, Saia Inc plays a vital role in serving the needs of retail, petrochemical, and manufacturing sectors. The Smartkarma Smart Scores reflect a favorable outlook for Saia Inc, emphasizing the company’s potential for growth, resilience, and value creation in the long run within the competitive transportation market.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars