Saia, Inc. (SAIA) Misses Q4 EPS by 2c
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Saia Reports Fourth Quarter Earnings per Share of $0.40
February 3, 2017 7:30 AM ESTJOHNS CREEK, GA -- (Marketwired) -- 02/03/17 -- Saia, Inc. (NASDAQ: SAIA), a leading transportation provider offering multi-regional less-than-truckload (LTL), non-asset truckload, expedited and logistics services, today reported fourth quarter and year-end 2016 financial results.
Fourth Quarter 2016 Compared to Fourth Quarter 2015 Results
Revenues were $300.2 million, a 4.4% increase despite one less workday Operating income decreased 2.4% to $17.2 million Net income fell 9.1% to $10.3 million Diluted earnings per share were $0.40 compared to $0.45 Operating ratio deteriorated by 40 basis points to 94.3 LTL shipments per workday increased 2.1% LTL tonnage per workday increased 1.4% LTL... More