Saia Inc. (SAIA) Shares Plunge 30.66% on Disappointing Q1 Earnings

Generated by AI AgentAinvest Movers Radar
Friday, Apr 25, 2025 6:27 pm ET1min read

Saia Inc. (SAIA) shares plummeted 30.66% today, marking the lowest level since January 2023, with an intraday decline of 35.29%.

Saia Inc. (SAIA) is facing a significant decline in its stock price due to several factors related to its first-quarter 2025 performance. The company reported earnings and revenue that fell short of analyst expectations, leading to a substantial drop in its stock price. Specific issues include a weak first-quarter earnings per share of $1.86, which was below the consensus estimate of $2.76 and the previous year's figure of $3.38. The revenue for the quarter was $787.6 million, missing the analysts' expectations of $811.53 million.

Additionally, the company's ambitious growth efforts have been hindered by trade uncertainties and tariffs, which have negatively impacted demand. The company also faced challenges such as increased costs from new terminals, poor weather conditions, and a higher operating ratio. These results prompted

Capital to downgrade Saia's rating and significantly lower its price target.

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