Jul 26, 12:48 PM

Saia Reports $3.83 EPS for Q2, Stock Drops Over 20%

Less-than-truckload carrier Saia reported second-quarter earnings per share of $3.83, which was 4% below the consensus estimate of $4 but 12% higher year over year. Despite meeting expectations, the stock dropped 11.8% pre-market and briefly fell more than 20% on Friday. The company's growing pains from building out a national network were cited as a factor hampering its results.

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Written with ChatGPT (GPT-4o).

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FreightWaves@FreightWaves
2 years ago
Growing pains from building out a national network hampered Saia’s second-quarter results, sending shares of the less-than-truckload carrier more than 20% lower briefly on Friday. https://t.co/Rgivk7AZRn
FreightWaves@FreightWaves
2 years ago
Less-than-truckload carrier Saia reported second-quarter earnings per share of $3.83, which was 4% below the consensus estimate of $4 but 12% higher year over year. https://t.co/cIdkXa86mZ
Open Outcrier@OpenOutcrier
2 years ago
$SAIA (-12.9% pre) Saia (NASDAQ:SAIA) Reports Q2 In Line With Expectations But Stock Drops 11.8% - StockStory https://t.co/gtcbQ7uCZN

Saia Reports $3.83 EPS for Q2, Stock Drops Over 20%

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