Saia, Inc. (NASDAQ:SAIA) is reporting third quarter earnings results on Thursday 29th October 2020, before market open.
The consensus estimates from Thomson Reuters are income of $ 1.30 per share.
For the full year, analysts predict revenues of $ 1790.56 million, while looking forward to income of $ 4.54 per share.
Previous Quarter Performance
Saia, Inc. came out with income for the second quarter of $ 1.07 per share, from the revenue of $ 418.11 million. The quarterly earnings dropped 23.57 percent while revenues reduced 6.98 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.90 per share from $ 416.32 million in revenue. The bottom line results beat street analysts by $ 0.17 or 18.89 percent, at the same time, top line results outshined analysts by $ 1.79 million or 0.43 percent.
Stock Performance
Shares of Saia, Inc. traded low $ -1.99 or -1.38 percent on Wednesday, reaching $ 141.80 with volume of 311.00 thousand shares. Saia, Inc. has traded high as $ 143.55 and has cracked $ 139.92 on the downward trend
According to the previous trading day, closing price of $ 141.80, representing a 133.96 % increase from the 52 week low of $ 61.46 and a 5 % decrease over the 52 week high of $ 151.36.
The company has a market capital of $ 3.71 billion and is part of the Industrials sector and Trucking industry.
Conference Call
Saia, Inc. will be hosting a conference call at 10:00 AM eastern time on 29th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.saia.com
Saia, Inc., through its subsidiaries, operates as a transportation company in North America. The company provides regional and interregional less-than-truckload services for shipments between 100 and 10,000 pounds; and other value-added services, including non-asset truckload, expedited, and logistics services. As of December 31, 2018, it operated a network of 166 owned and leased facilities; and owned approximately 4,834 tractors and 15,483 trailers.
