Bear Of The Day: Saia (SAIA)

Core Viewpoint - Saia (SAIA) is currently rated as a Zacks Rank 5 (Strong Sell) due to missing the Zacks Consensus Estimate and facing challenges from high interest rates and supply chain disruptions [1]. Company Overview - Saia, Inc. operates as a transportation company providing regional and interregional less-than-truckload (LTL) services, including logistics, distribution, customs clearance, and cross-border shipping [2]. Earnings History - The company has missed the Zacks Consensus Estimate in three of the last four quarters, indicating a concerning trend in earnings performance [4]. Earnings Estimates - Recent earnings estimates for Saia have been revised downward, with the current fiscal year consensus dropping from $15.47 to $9.74 and the next year's estimate falling from $18.83 to $12.69 over the last 60 days [5]. Industry Context - Many stocks within the Zacks universe are experiencing negative earnings estimate revisions, contributing to a broader trend of stocks falling to a Zacks Rank 5 (Strong Sell) [6].