Less-than-truckload carrier Saia said it didn’t get the March lift in demand it normally sees as customers pulled back in response to trade uncertainty.
Johns Creek, Georgia-based Saia (NASDAQ: SAIA) reported first-quarter earnings per share of $1.86 before the market opened on Friday. The result was well light of the $2.76 consensus estimate and the $3.38 the carrier posted in the year-ago period.
Further, the consensus number came down 31 cents in the 90 days ahead of the print as analysts...
https://www.freightwaves.com/news/saia-badly-misses-q1-mark-shares-off-24-pre-market