Saia, Inc. (NASDAQ:SAIA) Faces Downgrade Amid Financial Challenges

• Saia, Inc. (NASDAQ:SAIA) reported a revenue of $787.58 million in the first quarter of 2025, missing the Zacks Consensus Estimate.
• The company's earnings per share (EPS) significantly dropped to $1.86 from $3.38 in the same quarter last year, missing consensus estimates.
• Despite recent financial setbacks, Saia has a history of exceeding revenue estimates in three of the last four quarters, indicating potential for future improvement.

Saia, Inc. (NASDAQ:SAIA) is a prominent player in the transportation and logistics sector, specifically within the trucking industry. The company provides less-than-truckload (LTL) services across the United States. Saia competes with other major players like XPO Logistics and Old Dominion Freight Line. Recently, BMO Capital downgraded Saia's stock from "Outperform" to "Market Perform," indicating potential challenges ahead.

In the first quarter of 2025, Saia reported a revenue of $787.58 million, marking a 4.3% increase from the previous year. However, this figure fell short of the Zacks Consensus Estimate of $810.08 million, resulting in a revenue surprise of -2.78%. This shortfall may have contributed to BMO Capital's decision to downgrade the stock, as highlighted by TheFly.

Saia's earnings per share (EPS) for the quarter were $1.86, a significant drop from $3.38 in the same quarter last year. This EPS also missed the consensus estimate of $2.77, leading to a negative surprise of -32.85%. Such a substantial decline in EPS could be a factor in BMO Capital's assessment of the company's challenges.

Despite the recent earnings miss, Saia has shown resilience in previous quarters. In the last quarter, the company exceeded expectations with an EPS of $2.84 against an anticipated $2.79, marking a positive surprise of 1.79%. Over the past four quarters, Saia has surpassed consensus EPS estimates once, indicating some volatility in its financial performance.

While Saia's recent revenue and earnings figures fell short of expectations, the company has a history of exceeding revenue estimates in three of the last four quarters. This track record suggests that Saia has the potential to overcome its current challenges and improve its financial performance in the future.