secwatch.observer — SEC 8-K summary
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Issuer:     SAIA INC (SAIA)
CIK:        0001177702
Form:       8-K
Filed at:   2024-07-26T23:59:59+00:00
Accession:  0000950170-24-086727
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Saia Q2 EPS $3.83 beats $3.42 YoY; revenue up 18.5% to $823.2M
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- Diluted EPS $3.83 vs $3.42; revenue $823.2M (+18.5%); operating income $137.6M (+14.4%).
- Operating ratio of 83.3% vs 82.7% due to investments; LTL shipments per workday +18.1%.
- LTL tonnage per workday +9.7%; revenue per cwt ex fuel +8.7%; revenue per shipment ex fuel +1.0%.
- Net capex $681.3M in H1 2024 (incl. $235.7M for Yellow properties); full-year guidance ~$1B.
- Opened 6 new terminals, relocated 2 in Q2; plans to open 10-13 more terminals in 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1177702/000095017024086727/0000950170-24-086727-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1177702/000095017024086727/saia-20240726.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-086727

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