The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Saia met expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue grew and GAAP earnings per share grew significantly.
Margins expanded across the board.
Saia logged revenue of $264.4 million. The seven analysts polled by S&P Capital IQ predicted revenue of $262.1 million on the same basis. GAAP reported sales were 4.5% higher than the prior-year quarter's $253.0 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.33. The eight earnings estimates compiled by S&P Capital IQ predicted $0.32 per share. GAAP EPS of $0.33 for Q4 were 120% higher than the prior-year quarter's $0.15 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 11.9%, 170 basis points better than the prior-year quarter. Operating margin was 3.8%, 140 basis points better than the prior-year quarter. Net margin was 2.0%, 100 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $273.5 million. On the bottom line, the average EPS estimate is $0.37.
Next year's average estimate for revenue is $1.14 billion. The average EPS estimate is $2.27.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 103 members out of 114 rating the stock outperform, and 11 members rating it underperform. Among 28 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 25 give Saia a green thumbs-up, and three give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Saia is outperform, with an average price target of $29.57.
Looking for alternatives to Saia? It takes more than great companies to build a fortune for the future. Learn the basic financial habits of millionaires next door and get focused stock ideas in our free report, "3 Stocks That Will Help You Retire Rich." Click here for instant access to this free report.
- Add Saia to My Watchlist.
Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.