Saia Q3 2024 GAAP EPS $3.46 Misses $3.51 Estimate, Sales $842.103M Beat $839.884M Estimate
Portfolio Pulse from Benzinga Newsdesk
Saia reported Q3 2024 earnings with a slight EPS miss but a sales beat. EPS was $3.46, missing the $3.51 estimate, while sales were $842.103M, surpassing the $839.884M estimate. Sales increased by 8.64% from the previous year.
October 25, 2024 | 11:32 am
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Saia's Q3 2024 earnings report showed a slight EPS miss at $3.46 against a $3.51 estimate, but sales exceeded expectations at $842.103M, an 8.64% increase YoY.
The mixed earnings report, with an EPS miss but a sales beat, suggests a neutral short-term impact on Saia's stock. The sales growth is positive, but the EPS miss could offset this, leading to a balanced market reaction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100