Saia Q2 revenue slightly beats on LTL shipments growth
SAIA•Outlook and operating drivers
Saia expects 2026 net capital expenditures of $350 million to $400 million, subject to market conditions.
Volume growth — LTL shipments per workday rose 4.4% and LTL tonnage per workday increased 8.4%, contributing to record revenue and tonnage, the company said.
Network expansion — The expanded network enabled more customer solutions and supported revenue growth, according to CFO Matt Batteh.
Pricing and mix optimization — Continued focus on pricing and mix optimization supported results, Batteh said.
Key reported metrics and analyst view
| Metric | Actual | Consensus Estimate |
|---|---|---|
| Q2 Revenue | $956.50 million | $953.21 million (14 analysts) |
| Q2 EPS | $3.51 | — |
| Q2 Operating Income | $125.20 million | — |
The current average analyst rating on the shares is buy, with 11 strong buy or ratings, 8 ratings and 1 or rating.
