Saia Analysts Increase Their Forecasts After Strong Earnings



Saia, Inc. (NASDAQ: SAIA) reported better-than-expected fourth-quarter financial results on Friday.

Saia posted quarterly earnings of $3.33 per share, beating market estimates of $3.20 per share. The company’s quarterly sales came in at $751.13 million versus expectations of $744.99 million, according to data from Benzinga Pro.

Saia President and CEO, Fritz Holzgrefe, said, “I am pleased to bring 2023 to a close by reporting that our fourth quarter operating ratio improved by 90 basis points year-over-year to 85.0%. Our market share gains have been meaningful since last summer’s industry disruption, and it has been very …

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