earnings
confidence high
sentiment negative
materiality 0.70
Saia Q4 EPS $2.65 vs $2.76 YoY; December tonnage down 13.2%
SAIA INC
2022-FY EPS reported
$13.40
revenue$2,792,057,000
- Q4 diluted EPS fell to $2.65 from $2.76 a year ago; full-year EPS rose 41% to $13.40.
- Q4 revenue up 6.3% to $655.7M (record); operating ratio worsened to 85.9% from 84.2%.
- LTL shipments/workday -8.2%, tonnage/workday -7.7%; December tonnage down 13.2%.
- Full-year operating income +40.4% to $470.5M; operating ratio improved 230 bps to 83.1%.
- Cash $187.4M; 2023 net capex guided >$400M; five terminal openings planned in H1 2023.