Saia (SAIA) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Insights - Saia reported revenue of $842.1 million for Q3 2024, marking an 8.6$3.46, down from $3.67 a year ago, with a surprise of -1.98$3.53 [1] - The revenue exceeded the Zacks Consensus Estimate by 0.76% [1] Financial Metrics - Operating Ratio was reported at 85.1%, slightly above the five-analyst average estimate of 85% [1] - LTL (Less-Than-Truckload) Tonnage reached 1,605 KTon, surpassing the two-analyst average estimate of 1,571.57 KTon [1] - LTL Revenue Per Hundredweight (CWT) was $25.64, slightly below the two-analyst average estimate of$25.80 [1] Stock Performance - Saia's shares have declined by 3.9% over the past month, while the Zacks S&P 500 composite increased by 1.4% [2] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [2]