Less-than-truckload carrier Saia (NASDAQ: SAIA) reported fourth-quarter earnings per share of $1.51 Monday, 21 cents ahead of consensus and more than 85% higher year-over-year. The period benefited from a sub-20% corporate tax rate, a roughly 7 cent per share benefit assuming the third-quarter rate, which was related to stock-based compensation.
Revenue grew 8% year-over-year as tonnage increased 6% and revenue per hundredweight, or yield, increased more than 1%. The company posted an 89.4%...
https://www.freightwaves.com/news/saia-q4-easily-outpaces-forecasts