Saia (SAIA) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

Saia (SAIA) reported $842.1 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 8.6%. EPS of $3.46 for the same period compares to $3.67 a year ago.The reported revenue represents a surprise of +0.76% over the Zacks Consensus Estimate of $835.76 million. With the consensus EPS estimate being $3.53, the EPS surprise was -1.98%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.Here is how Saia performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Operating Ratio: 85.1% versus the five-analyst average estimate of 85%. LTL (Less-Than-Truckload) Tonnage: 1,605 KTon versus the two-analyst average estimate of 1,571.57 KTon. LTL (Less-Than-Truckload) Revenue Per Hundredweight(CWT): $25.64 versus the two-analyst average estimate of $25.80. View all Key Company Metrics for Saia here>>>Shares of Saia have returned -3.9% over the past month versus the Zacks S&P 500 composite's +1.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.7 Best Stocks for the Next 30 DaysJust released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.7% per year. So be sure to give these hand picked 7 your immediate attention. See them now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Saia, Inc. (SAIA): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks