Saia Inc
SAIA: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$212.00 | Kdj | Blsjgspc |
Saia Earnings: Share Gains From Failed Yellow Offset Otherwise Soft Underlying Demand
Less-than-truckload specialist Saia's top-line trend swung positive year over year, rising 6%, much better than the 7% decline last quarter thanks to the freight diversions from bankrupt peer Yellow. We've already been baking in a meaningful sequential uptick in volume and pricing, but revenue modestly beat our forecast.