Saia Inc. Announces Retreat In Q4 Income, But Beats Estimates

Saia Inc. (SAIA) reported a profit for fourth quarter that decreased from the same period last year but beat the Street estimates.

The company's earnings came in at $76.10 million, or $2.84 per share. This compares with $89.23 million, or $3.33 per share, last year.

Analysts on average had expected the company to earn $2.77 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 5.0% to $788.95 million from $751.13 million last year.

Saia Inc. earnings at a glance (GAAP) :

-Earnings: $76.10 Mln. vs. $89.23 Mln. last year.
-EPS: $2.84 vs. $3.33 last year.
-Revenue: $788.95 Mln vs. $751.13 Mln last year.

by RTTNews Staff Writer

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