Saia Anticipates Margin Improvement with Rising Demand
Saia Inc. (NASDAQ: SAIA) reported first-quarter earnings per share of $1.86, flat year-over-year but slightly above expectations. The company is anticipating a margin turnaround due to improved demand and operational efficiencies following $2 billion in network investments. Revenue increased 2% year-over-year to $806 million, exceeding analyst forecasts.
Topics: demand improvement earnings operational performance revenue stock price movement