Investing.com - Saia reported on Monday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Saia announced earnings per share of $3.67 on revenue of $729.56M. Analysts polled by Investing.com anticipated EPS of $3.70 on revenue of $724.35M.
Saia shares are down 42% from the beginning of the year , still down 47.41% from its 52 week high of $365.50 set on Wednesday, November 17, 2021.
Saia follows other major Industrials sector earnings this month
Saia's report follows an earnings beat by United Parcel Service on Tuesday, October 25, 2022, who reported EPS of $2.99 on revenue of $24.2B, compared to forecasts EPS of $2.86 on revenue of $24.4B.
Raytheon Technologies had beat expectations on Tuesday, October 25, 2022 with third quarter EPS of $1.21 on revenue of $17B, compared to forecast for EPS of $1.14 on revenue of $17.31B.
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