Upcoming Saia Earnings Announcement Draws Investor Attention

Saia Inc. (NASDAQ:SAIA) is expected to release its first-quarter earnings soon, drawing investor attention amid recent downward revisions in analyst estimates. Wall Street forecasts earnings of $2.77 per share, marking an 18.1% decline from the same quarter last year. Revenue is projected to increase by 7.3% year-over-year to $810.08 million.

Over the past month, consensus EPS estimates have been revised down by 7.6%, reflecting a shift in analyst sentiment. These estimate changes are often used as signals to predict short-term stock movement.

Beyond the top and bottom lines, analysts have modeled key metrics to provide deeper insight into the company's performance. The operating ratio, a critical efficiency indicator in the transportation sector, is projected to rise to 87.6% from 84.4% a year earlier. A higher ratio suggests an increase in operating costs relative to revenue.

Analysts also expect Saia’s Less-Than-Truckload (LTL) revenue per hundredweight to drop to $24.75 from last year’s $26.51, signaling potential pricing pressure. Saia stock has declined 14.4% over the past month, underperforming the S&P 500’s 8.9% drop. The stock currently holds a Zacks Rank #3 (Hold), suggesting performance in line with the broader market.

Technical Analysis

Saia’s share price has broken below a key support level at $360, continuing a bearish trend. The next support lies near $258. All major moving averages are above the current price and sloping downward—50-day at $447, 100-day at $458, and 200-day at $404—confirming the downward momentum.