XPO provides favorable February update [Yahoo! Finance]
Saia, Inc. (SAIA)
Last saia, inc. earnings: 4/29 07:30 am
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Source: Yahoo! Finance
In a Tuesday update following the market close, the carrier said tonnage grew 3.5% y/y in February as a 5.8% increase in shipments was partially offset by a 2.2% decline in weight per shipment. The tonnage increase was an improvement from a modest decline in January. Further, XPO ( NYSE: XPO ) was facing tougher tonnage comps than most peers. When stacking January and February growth rates for the past two years, XPO's tonnage was up roughly 1.5% in each month, which was largely in line with Saia Inc. NASDAQ: SAIA ) and well ahead of double-digit declines at Old Dominion Freight Line ( NASDAQ: ODFL XPO doesn't provide revenue-based metrics in its intraquarter updates. The company guided to a roughly 10% y/y increase in yield (excluding fuel surcharges) for the first quarter during its fourth-quarter call a month ago. Full-year guidance calls for yields to be up by mid- to high-single digits, with tonnage up by low-single-digits. Those forecasts are not dependent on a material p
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SAIA
News
- Why Saia Stock Plunged Today [Yahoo! Finance]Yahoo! Finance
- Saia's Q1 miss, weak March shipments send shares 20% lower [Yahoo! Finance]Yahoo! Finance
- Saia (SAIA) Reports Q1 Earnings: What Key Metrics Have to Say [Yahoo! Finance]Yahoo! Finance
- Saia Announces Upcoming Retirement of CFO Douglas Col [Yahoo! Finance]Yahoo! Finance
- Saia Announces Upcoming Retirement of CFO Douglas ColGlobeNewswire
SAIA
Earnings
- 4/26/24 - Miss
SAIA
Sec Filings
- 4/26/24 - Form 10-Q
- 4/26/24 - Form 8-K
- 4/26/24 - Form 8-K
- SAIA's page on the SEC website