What Analyst Projections for Key Metrics Reveal About Saia (SAIA) Q2 Earnings

Core Viewpoint - Analysts project that Saia (SAIA) will report quarterly earnings of $2.40 per share, reflecting a year-over-year decline of 37.3%, with revenues expected to reach $811.29 million, down 1.5% from the same quarter last year [1]. Earnings Projections - The consensus EPS estimate has been revised downward by 7.9% over the past 30 days, indicating a collective reassessment by analysts [2]. - It is crucial to consider revisions to earnings projections prior to a company's earnings release, as these revisions are strongly linked to short-term stock price performance [3]. Key Metrics - The average 'Operating Ratio' is estimated at 89.0%, compared to 83.3% from the previous year [4]. - 'LTL (Less-Than-Truckload) Revenue Per Hundredweight (CWT)' is projected to be $24.98, down from $25.75 year-over-year [5]. - Estimated 'LTL Tonnage' is 1,601 thousand tons, an increase from 1,559 thousand tons reported in the same quarter last year [5]. - Analysts expect 'Fuel, operating expenses and supplies' to reach $164.95 million [6]. Market Performance - Saia shares have increased by 6.6% over the past month, compared to a 5.9% increase in the Zacks S&P 500 composite [6]. - With a Zacks Rank of 5 (Strong Sell), Saia is anticipated to underperform the overall market in the near future [6].