Saia Q1 EPS $1.060 Beats $0.820 Estimate, Sales $446.400M Beat $440.250M Estimate
Portfolio Pulse from Benzinga Newsdesk
Saia reported its Q1 earnings per share (EPS) of $1.06, surpassing the estimated $0.82. The company's sales also exceeded expectations, reaching $446.4 million compared to the forecasted $440.25 million.
April 29, 2020 | 11:35 am
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Saia's Q1 earnings and sales both exceeded analyst expectations, with EPS at $1.06 versus the $0.82 estimate and sales at $446.4M versus the $440.25M estimate.
Saia's better-than-expected earnings per share and sales figures are likely to positively impact its stock price in the short term. Beating both EPS and sales estimates typically boosts investor confidence and can lead to a stock price increase.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100