Core Insights - Saia reported revenue of $789.95 million for the quarter ended December 2025, reflecting a year-over-year increase of 0.1% and a surprise of +1.2% over the Zacks Consensus Estimate of $780.61 million [1] - The EPS for the same period was $1.77, down from $2.84 a year ago, with an EPS surprise of -6.77% compared to the consensus estimate of $1.90 [1] Financial Performance Metrics - The operating ratio was reported at 91.9%, slightly higher than the estimated 91% by analysts [4] - LTL (Less-Than-Truckload) shipments totaled 2,164, exceeding the average estimate of 2,138 [4] - LTL pounds per shipment were 1,348, slightly below the average estimate of 1,355 [4] - LTL revenue per hundredweight (CWT), excluding fuel surcharge, was $22.07, surpassing the average estimate of $21.96 [4] - LTL tonnage was reported at 1,459.00 KTon, compared to the average estimate of 1,448.94 KTon [4] - LTL revenue per hundredweight (CWT) was $26.13, exceeding the average estimate of $25.87 [4] Stock Performance - Saia's shares have returned +12% over the past month, while the Zacks S&P 500 composite showed no change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]

分组1 - Saia reported quarterly earnings of $1.77 per share, missing the Zacks Consensus Estimate of $1.9 per share, and down from $2.84 per share a year ago, representing an earnings surprise of -6.77% [1] - The company posted revenues of $789.95 million for the quarter, surpassing the Zacks Consensus Estimate by 1.20%, and showing a slight increase from $788.95 million year-over-year [2] - Saia shares have increased approximately 25.4% since the beginning of the year, significantly outperforming the S&P 500's gain of 1.7% [3] 分组2 - The current consensus EPS estimate for the upcoming quarter is $1.92 on revenues of $787.67 million, and for the current fiscal year, it is $10.76 on revenues of $3.4 billion [7] - The Zacks Industry Rank for Transportation - Truck is currently in the bottom 8% of over 250 Zacks industries, indicating potential challenges for stock performance [8] - Saia has surpassed consensus EPS estimates two times over the last four quarters and has topped consensus revenue estimates three times in the same period [2]

Core Insights - Saia reported a headline earnings miss for Q4, with revenue of $790 million, slightly above last year and consensus estimates, but earnings per share (EPS) of $1.77 fell 38% year-over-year and was 14 cents below consensus [1][2] Financial Performance - The company experienced a 1.5% decline in total tonnage, attributed to a 0.5% drop in shipments and a 1% decrease in weight per shipment [3][4] - Revenue per day remained flat year-over-year, with revenue per hundredweight increasing by 1.6% [2][4] - The operating ratio worsened to 91.9%, a 480 basis point increase year-over-year, exceeding management's guidance for deterioration [4][5] Cost Structure - Incremental insurance costs of $4.7 million related to prior accidents negatively impacted EPS, which would have aligned with expectations at $1.91 without these costs [2][4] - Salaries, wages, and benefits expenses rose by 280 basis points as a percentage of revenue, while depreciation and amortization increased by 110 basis points [5] Capital Investments and Future Outlook - The company has made significant capital investments over the past three years, enhancing its network and service capabilities [6] - Net capital expenditures are projected to decrease from $1.05 billion in 2024 to between $350 million and $400 million in 2026 [6] Market Reaction - Following the earnings report, shares of Saia fell by 4.2% in pre-market trading [7]

Revenue and Income - Fourth quarter 2025 revenue was $790.0 million, a 0.1% increase compared to the fourth quarter of 2024[6] - Full year 2025 revenue reached $3.2 billion, a 0.8% increase, while operating income decreased by 27.0% to $352.2 million[6] - Total operating revenue for 2025 reached $3,234,286, a slight increase from $3,209,074 in 2024, representing a year-over-year growth of 0.8%[26] - Operating income decreased to $352,200 in 2025 from $482,160 in 2024, reflecting a decline of 27.0%[26] - Net income for 2025 was $255,036, down from $362,065 in 2024, indicating a decrease of 29.5%[26] Earnings Per Share - Adjusted diluted earnings per share for 2025 were $9.11, down from $13.51 in 2024, with a reported diluted earnings per share of $9.52[6][20] - Basic earnings per share for 2025 were $9.54, down from $13.57 in 2024, reflecting a decrease of 29.0%[26] Operating Ratios - Fourth quarter operating income decreased by 36.9% to $64.0 million, with an operating ratio of 91.9% compared to 87.1% in the previous year[6] - The operating ratio for the full year 2025 was 89.1%, with an adjusted operating ratio of 89.6% compared to 85.0% in 2024[6][20] - The operating ratio for 2025 was 89.1%, compared to 85.0% in 2024, showing a deterioration of 4.1 percentage points[33] Cash and Debt - Cash on hand at the end of Q4 2025 was $19.7 million, with total debt reduced to $164.0 million from $200.3 million at the end of 2024[8] - Cash and cash equivalents at the end of 2025 were $19,720, a slight increase from $19,473 at the end of 2024[28] - Long-term debt, less current portion, decreased to $163,000 in 2025 from $194,981 in 2024, a decline of 16.4%[24] Capital Expenditures - The company recorded $544.1 million in net capital expenditures during 2025, down from $1,040.9 million in 2024, with expectations of $350 million to $400 million in 2026[9] Shipment and Tonnage - LTL shipments per workday decreased by 0.5% in Q4 2025, while LTL tonnage per workday decreased by 1.5%[6] - LTL tonnage for 2025 was 6,161, an increase of 2.1% from 6,037 in 2024[33] Claims and Costs - The claims ratio for the quarter was a record low of 0.47%, reflecting the company's commitment to customer service[7] - The company experienced unexpected costs of approximately $4.7 million related to elevated self-insurance due to prior year accidents[7] Assets and Liabilities - Total assets increased to $3,482,681 in 2025 from $3,166,857 in 2024, marking a growth of 10.0%[24] - Current liabilities decreased to $265,384 in 2025 from $278,360 in 2024, a reduction of 4.7%[24]

Core Viewpoint - Saia, Inc. (SAIA) shares experienced a significant increase of 8.04 percent, closing at $361.80, despite the absence of specific news driving this movement [1]. Group 1: Stock Performance - The stock opened at $334.87, matching the previous close, and traded within an intraday range of $334.87 to $362.11 on the Nasdaq [1]. - Trading volume reached approximately 0.49 million shares, slightly above the average volume of around 0.47 million shares [1]. Group 2: 52-Week Range - Saia's shares are currently trading near the upper end of their 52-week range, which spans from $229.12 to $538.03, indicating sustained investor interest in the stock [2].

Core Viewpoint - Saia (SAIA) is positioned well to potentially beat earnings estimates in its upcoming quarterly report, supported by a strong history of exceeding expectations in previous quarters [1]. Earnings Performance - Saia has a solid track record of surpassing earnings estimates, with an average surprise of 11.17% over the last two quarters [2]. - In the last reported quarter, Saia achieved earnings of $2.81 per share, exceeding the Zacks Consensus Estimate of $2.54 per share by 10.63% [3]. - For the previous quarter, Saia's earnings were $2.67 per share against an expected $2.39 per share, resulting in a surprise of 11.72% [3]. Earnings Estimates and Predictions - Recent estimates for Saia have been trending upward, indicating positive sentiment among analysts [6]. - The Zacks Earnings ESP for Saia is currently +0.99%, suggesting bullish expectations for near-term earnings [9]. - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) indicates a high likelihood of another earnings beat, with historical data showing that this combination leads to positive surprises nearly 70% of the time [7][9].

Core Viewpoint - The Zacks Transportation-Truck industry is currently facing significant challenges due to supply-chain disruptions, a weak freight environment, and macroeconomic issues, including geopolitical tensions and high inflation levels [1][4]. Industry Overview - The Zacks Transportation-Truck industry consists of truck operators that transport freight across North America, offering various services such as full-truckload and less-than-truckload (LTL) [3]. - Companies in this sector provide a range of trucking services, including dry-van, dedicated, refrigerated, flatbed, and expedited services, along with logistics and intermodal services [3]. Current Trends - **Freight Downturn**: The industry is experiencing a prolonged freight downturn, with the Cass Freight Shipments Index declining by 7.6% year over year in November 2025, marking a consistent decline over the past nine months [4]. - **Cost Management**: Companies are implementing cost-reduction strategies to combat input cost inflation and maintain margins, focusing on operational efficiency and high-growth markets [5]. - **Driver Shortage**: The trucking industry is facing a severe shortage of drivers, with an expected shortfall of over 160,000 drivers by 2030, exacerbating supply-chain challenges [6]. Industry Performance - The Zacks Transportation-Truck industry ranks 234 out of 243 Zacks industries, placing it in the bottom 2%, indicating poor near-term prospects [7]. - The industry's earnings estimate for 2026 has decreased by 30.9% year over year, reflecting a negative outlook among analysts [8]. - Over the past year, the industry has underperformed, declining by 3.7%, while the S&P 500 increased by 18.1% and the broader transportation sector rose by 1.4% [10]. Valuation Metrics - The industry is currently trading at an EV-to-EBITDA ratio of 14.37X, which is lower than the S&P 500's 18.99X but higher than the sector's 10.83X [13]. Notable Companies - **J.B. Hunt Transport Services (JBHT)**: This company has seen its shares increase by 11% over the past year and has a Zacks Rank of 3 (Hold). It has surpassed earnings estimates in two of the last four quarters [17][18]. - **Saia (SAIA)**: Saia provides regional and interregional LTL services and also holds a Zacks Rank of 3, having surpassed earnings estimates in three of the last four quarters [21][22]. - **ArcBest Corporation (ARCB)**: ArcBest is focused on cost control and productivity improvements, expecting a 37.9% year-over-year increase in earnings per share for 2026. It also carries a Zacks Rank of 3 [24].

Core Viewpoint - Saia Inc. is rebranding its logistics arm LinkEx to "Saia Logistics," aiming to unify its freight and logistics services under one name for a more streamlined customer experience [1][2]. Group 1: Rebranding and Strategy - The rebranding reflects the close collaboration between Saia's freight and LinkEx teams, consolidating their less-than-truckload (LTL) network and logistics capabilities [2]. - The change is purely a brand alignment, with no alterations to ownership, service, pricing, agreements, or daily operations, ensuring continuity for customers [3]. - The unification under the Saia brand is intended to enhance customer understanding of the comprehensive solutions offered, supporting the company's long-term growth strategy [3]. Group 2: Customer Experience and Services - Customers will continue to work with the same contacts and processes, maintaining the relationships they have established [4]. - Saia Logistics will provide a full range of services, including truckload, expedited, warehousing, distribution, final mile, international, and integrated logistics, alongside its leading LTL network [4]. Group 3: Company Overview - Saia Inc. operates 213 terminals across the United States and is recognized for its safety record and environmental efforts [6]. - The company has received accolades such as the "Top Companies for Women to Work for in Transportation" by Women In Trucking [6].

Group 1 - Saia has acquired two properties in Kernersville, North Carolina for $14.25 million, significantly expanding its operational footprint compared to its smaller terminal in Greensboro [5] - The acquired properties provide a total of 33,200 square feet of building space, enhancing Saia's network density in line with its long-term strategy to improve service levels [5] - The transaction was completed on December 19, and the properties were previously owned by XPO, which had opened a new terminal in Kernersville [5][3] Group 2 - Saia's network in North Carolina includes six sites, with the Greensboro site being the closest to Kernersville but much smaller at 10,396 square feet [3] - The acquisition aligns with Saia's strategic goals as noted by CEO Fritz Holzgrefe during a Q3 earnings call last year [5]

Core Viewpoint - Saia, Inc. is set to release its quarterly financial results on February 10, 2026, before the market opens, followed by a conference call to discuss the results [1]. Group 1: Financial Results Announcement - Saia, Inc. will announce its quarterly financial results on February 10, 2026, before market opening [1]. - A conference call will be held on the same day at 10:00 a.m. Eastern Time to discuss the financial results [1]. Group 2: Conference Call Participation - Participants can join the conference call by dialing 1-833-890-5317 and should call in five to ten minutes early [2]. - The call will be available for live webcast on the company’s website [2]. - A replay of the call will be accessible two hours after its completion until March 10, 2026, at 11:59 P.M. Eastern Time [2]. Group 3: Company Overview - Saia, Inc. provides a variety of transportation services including less-than-truckload, non-asset truckload, expedited, and logistics services [3]. - The company operates 213 terminals nationwide from its headquarters in Georgia [3].