Saia Inc
SAIA: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$453.00 | Lrydp | Ghcscwnb |
Saia Earnings: Volume Growth Remains Healthy, but New Business Coming In at Lower Margins
Less-than-truckload specialist Saia's second-quarter top line grew 18%, thanks to freight diversions from bankrupt peer Yellow and a favorable pricing backdrop. Revenue was mostly in line with our expectations, as yield came in slightly shy on mix but tonnage outperformed.