Saia Q3 revenue rises 8.6% to $842.1 million, but diluted EPS falls to $3.46
Saia reported third quarter 2024 results on October 25, 2024, with revenue up 8.6% to $842.1 million. Operating income fell 2.5% to $125.2 million, and diluted earnings per share were $3.46 versus $3.67 a year earlier, so profit measures declined while sales grew. Shareholders also face higher spending, with net capital expenditures of $873.2 million in the first nine months and about $1 billion expected for 2024.
Key points
- Revenue was $842.1 million, up 8.6% from the third quarter of 2023
- Operating income was $125.2 million, down 2.5%; operating ratio was 85.1% versus 83.4%
- Diluted EPS was $3.46 versus $3.67; net income was $92.7 million versus $98.2 million
- Net capital expenditures are expected to be about $1 billion in 2024; cash on hand was $14.4 million at September 30, 2024
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:17 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 25, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.