Saia Inc reports results for the quarter ended in June - Earnings Summary

Saia

28/07/2023 14:30

* Saia Inc  SAIA.OQ  reported quarterly adjusted earnings of
$3.42​​ per share for the quarter ended in June. The mean
expectation of eighteen analysts for the quarter was
for earnings of $3.27 per share.
    * Revenue fell 6.8% to $694.62 million from a year ago;
analysts
expected $702.61 million. 
    * Saia Inc's reported EPS for the quarter was $3.42​.
    * The mean earnings estimate of analysts had fallen by
about 3.3%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Saia Inc shares had risen by 20.0% this quarter and
gained 95.9%
so far this year.
    * The company reported quarterly net income of $91.32
million.
    * Wall Street's median 12-month price target for Saia Inc is
$360.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 8
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
28 at 01:30 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      3.27           3.42           Beat
 Mar. 31 2023      2.69           2.85           Beat
 Dec. 31 2022      2.83           2.65           Missed
 Sep. 30 2022      3.70           3.67           Missed