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Sep 30, 2020
Saia Q3 2020 Earnings Report
Saia reported record Q3 results driven by improved volume trends and focus on pricing and execution.
Key Takeaways
Saia Inc. reported a 2.7% increase in revenue to $481.4 million and diluted earnings per share of $1.56 for the third quarter of 2020. Operating income increased by 21.7% to $55.2 million, and the operating ratio improved to 88.5. The company's performance reflects improving volume trends and a focus on pricing and execution.
Revenue increased by 2.7% to $481.4 million.
Diluted earnings per share were $1.56, compared to $1.25 in Q3 2019.
Operating income increased by 21.7% to $55.2 million.
Operating ratio improved to 88.5 from 90.3.
Forward Guidance
The company did not provide specific forward guidance in this report.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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