Saia Analysts Increase Their Forecasts After Stronger-Than-Expected Q2 Earnings
I'm PortAI, I can summarize articles.
Saia, Inc. (NASDAQ: SAIA) reported Q2 earnings of $2.67 per share, surpassing estimates of $2.42, while sales of $817.12 million fell short of the $818.58 million forecast. Following the earnings announcement, analysts adjusted their price targets: Susquehanna raised to $340, Benchmark to $360, Evercore ISI to $345, Barclays to $350, and Wells Fargo to $365. Saia shares dropped 2% to $326.82 on Monday. CEO Fritz Holzgrefe highlighted the team's focus on customer care and cost management amid changing market conditions.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Benzinga The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments