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 and are trading at $192.21 , down-from-52-week-high.
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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