
Saia, Inc. reported its fourth-quarter earnings for 2024, revealing a revenue of $789.0 million, marking a 5.0% increase compared to the previous year. The company's diluted earnings per share (EPS) for the quarter were $2.84, which, while beating the analyst estimate of $2.78, represented a decline from $3.33 in the same quarter last year. Operating income fell to $101.5 million, reflecting a 9.9% decrease, and the operating ratio increased to 87.1% from 85.0%. Despite the profit dip, Saia achieved a record revenue of $3.21 billion for the full year 2024. The company's shares rose by 4.9% in pre-market trading following the announcement of these results, which were better than expected, with sales also surpassing estimates.
Less-than-truckload carrier Saia took market share again in the fourth quarter, but margins slid as new business wins and terminals came online. The company is at the tail end of an intense network growth initiative that has catapulted it to a national carrier serving all 48…
🚨 $SAIA reported its 4Q earnings today. Saia's fourth-quarter EPS increased to $2.84, surpassing the estimated $2.78 but down from last year's $3.33. You can review more here👇 https://t.co/0erIafvUkL $ODFL reports in two days. Our clients will receive our pre-earnings… https://t.co/bMJGvHnkjR
Despite Q4 profit dip, Georgia-based carrier @Saia_Inc sets revenue record of $3.21 billion in 2024. By @ConnorInTheNews https://t.co/qx86JWnWRY

