By Rob Curran
Shares of less-than-truckload freight line Saia fell premarket after its fourth-quarter earnings lagged expectations amid lower volumes.
The Georgia trucker on Tuesday posted earnings of $47.5 million, or $1.77 a share, down from $76.1 million, or $2.84 a share, a year earlier. Analysts, on average, had anticipated earnings of $1.91 a share, as per FactSet.
Revenue edged up 0.1% to $790 million. Less-than-truckload shipments per workday fell 0.5%, while tonnage per workday decreased 1.5%.
Shares of Saia fell 3.7% to $394.47 premarket.
Earlier this month, shares of rivals Old Dominion Freight Line and XPO rose when they reported fourth-quarter earnings ahead of Wall Street expectations, stirring hopes that a long slump in less-than-truckload business was coming to an end. Less-than-truckload logistics companies typically handle multiple freight shipments to smaller companies on a daily basis rather than delivering to large companies by the container load.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
February 10, 2026 08:24 ET (13:24 GMT)
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