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Mar 31, 2021
Saia Q1 2021 Earnings Report
Saia reported record first-quarter revenue, operating income and operating ratio, despite challenges from severe winter weather.
Key Takeaways
Saia Inc. reported record first quarter financial results. Revenue increased by 8.4% to $484.1 million. Diluted earnings per share were $1.40, compared to $1.06 in the first quarter of 2020. The operating ratio was 89.9 compared to 91.3.
Revenue increased by 8.4% year-over-year.
Operating income increased 25.6% year-over-year.
Diluted earnings per share increased to $1.40 from $1.06 in the prior year.
The company opened one new terminal in the first quarter.