Freight transportation and logistics provider Saia (NASDAQ:SAIA)
will be reporting results tomorrow morning. Here’s what investors should know.
Saia beat analysts’ revenue expectations by 1.5% last quarter, reporting revenues of $789 million, up 5% year on year. It was a strong quarter for the company, with an impressive beat of analysts’ sales volume estimates and a decent beat of analysts’ adjusted operating income estimates.
This quarter, analysts are expecting Saia’s revenue to grow 7.7% year on year to $813 million, slowing from the 14.3% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $2.76 per share.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Saia has missed Wall Street’s revenue estimates four times over the last two years.
Looking at Saia’s peers in the ground transportation segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Old Dominion Freight Line’s revenues decreased 5.8% year on year, meeting analysts’ expectations, and Ryder reported revenues up 1.1%, in line with consensus estimates.
Debates over possible tariffs and corporate tax adjustments have raised questions about economic stability in 2025. While some of the ground transportation stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 7.5% on average over the last month. Saia is down 12.3% during the same time and is heading into earnings with an average analyst price target of $426.20 (compared to the current share price of $330.72).
Join thousands of traders who make more informed decisions with our premium features.
Real-time quotes, advanced visualizations, backtesting, and much more.