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0 0.000866373315701866 0.0012995599735528 0.00831034404140348 -0.0133375892022526 0.0402749595312465 0.043250267891749 0.0299012790406056
Stock impact report

Saia Q3 earnings: First look [Yahoo! Finance]

Saia, Inc. (SAIA) 
Last saia, inc. earnings: 4/29 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: saiacorp.com/investors0.aspx
Company Research Source: Yahoo! Finance
That was 7 cents light of consensus and 21 cents lower year over year. Saia's ( NASDAQ: SAIA ) revenue increased 8.6% y/y to $842 million. Revenue was up 6.9% y/y on a per-day basis. The per-day revenue increase was driven by a 7.7% increase in tonnage per day, partially offset by a 0.9% decline in revenue per hundredweight, or yield. Excluding fuel, yield was 1.7% higher. The tonnage increase was driven by an 8.5% increase in shipments per day, which was partially offset by a 0.8% decline in weight per shipment. Saia has been one of the biggest beneficiaries of Yellow Corp.'s ( OTC: YELLQ July 30, 2023, shutdown . On a two-year stacked comparison, its tonnage is up 14.4%. Saia reported an 85.1% operating ratio (operating expenses expressed as a percentage of revenue) in the quarter, which was 170 basis points worse y/y and 180 bps worse than the second quarter. The result was in line with management's guidance of 100 to 200 bps of sequential deterioration. “The freight backdr Show less Read more
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