---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-117217"
form_type: "8-K"
ticker: "SAIA"
cik: "0001177702"
company_name: "SAIA INC"
filed_at: "2024-10-25T23:59:59+00:00"
generated_at: "2026-05-30T09:58:40.310006+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Saia Q3 EPS $3.46, down from $3.67; revenue up 8.6% to $842.1M

## Summary
- Diluted EPS $3.46 vs $3.67; operating income $125.2M, down 2.5%; operating ratio 85.1% vs 83.4%.
- Revenue $842.1M, +8.6%; LTL shipments +8.5%, tonnage +7.7%; rev per cwt ex fuel +1.7%.
- Net capex first 9 months $873.2M (incl. $235.7M for Yellow properties); FY2024 capex ~$1B.
- Opened 11 terminals in Q3; now serve all contiguous 48 states; plan 3 more in Q4 for 21 total.
- Cash $14.4M, debt $191.0M vs $249.3M cash and $18.9M debt a year ago.

## SEC filing metadata
- accession: 0000950170-24-117217
- form_type: 8-K
- ticker: SAIA
- cik: 0001177702
- company_name: SAIA INC
- filed_at: 2024-10-25T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1177702/000095017024117217/0000950170-24-117217-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1177702/000095017024117217/saia-20241025.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-117217
- JSON: https://secwatch.observer/filing/0000950170-24-117217.json
- Plain text: https://secwatch.observer/filing/0000950170-24-117217.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.