earnings
confidence high
sentiment positive
materiality 0.70
Saia Q3 EPS $3.67 vs $2.98; revenue up 18.4% to $729.6M; record results
SAIA INC
2022-Q3 EPS reported
$10.75
revenue$2,136,331,000
- Diluted EPS $3.67 vs $2.98 in Q3 2021; revenue $729.6M (+18.4%).
- Operating ratio improved to 82.4% from 82.8% (adjusted 83.5% in 2021).
- LTL revenue per shipment up 20.1% to $359.04; yield +17.5%.
- Opened 5 new terminals in Q3, 11 YTD; plans 10-15 more in 2023.
- Net capex $278M in 9 months; full-year capex expected ~$500M.