The strong Q2 beat combined with accelerating Q3 tonnage growth (8.3% QTD) suggests improving demand and pricing power. Traders should watch for potential upward guidance revisions on the next earnings call and monitor LTL pricing data for confirmation of the positive trend.
Price Chart
Executive Summary
Saia reported Q2 2026 EPS of $3.51, beating consensus of $3.26 by 7.6%, and provided positive Q3 LTL tonnage data showing 8.3% growth quarter-to-date. The strong earnings beat and accelerating tonnage trends signal improving demand in the LTL freight market, supporting a bullish outlook for the stock.
Key Financial Metrics
Key Facts
- Q2 2026 EPS of $3.51 beat consensus of $3.26 by 7.6%
- Q3 2026 quarter-to-date LTL tonnage per workday increased 8.3% vs Q3 2025
- July 2026 LTL tonnage per workday up 7.8%, August up 8.7% year-over-year
- LTL weight per shipment increased 7.2% quarter-to-date, indicating heavier freight mix
Financial Impact
EPS beat of $0.25 (7.6%) vs consensus on $3.51 reported
Risk Factors
- Potential economic slowdown could reverse tonnage growth trends
- Fuel cost inflation and driver availability remain headwinds for the LTL industry
- Historical calibration shows score-6 reports have only 56% observed win rate at T+20
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3355790 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 3, 2026 29d ago | 8-K | $345.81 $351.05 | ▲ +1.52% | ▲ +2.66% | $351.44 (+1.63%) |
Sep 3, 2026 29d ago | Press Release | $345.81 $351.05 | ▲ +1.52% | ▲ +2.66% | $351.44 (+1.63%) |
Jul 30, 2026 9w ago | 8-K | $350.63 $361.82 | ▲ +3.19% | ▼ −0.43% | $351.44 (+0.23%) |
Jul 1, 2026 13w ago | Press Release | $418.15 $416.00 | ▼ −0.51% | ▼ −0.78% | $351.44 (−15.95%) |
Jun 11, 2026 16w ago | Institutional Cluster | $487.14 $425.86 | ▼ −12.58% | ▼ −13.01% | $351.44 (−27.86%) |
Jun 2, 2026 17w ago | 8-K | $471.15 $479.30 | ▲ +1.73% | ▲ +4.69% | $351.44 (−25.41%) |
Jun 2, 2026 17w ago | Press Release | $471.15 $479.30 | ▼ −1.73% | ▼ −4.69% | $351.44 (+25.41%) |
May 6, 2026 21w ago | 8-K | $448.94 $431.42 | ▼ −3.90% | ▼ −5.41% | $351.44 (−21.72%) |
Apr 30, 2026 22w ago | 8-K | $448.82 $448.94 | ▲ +0.03% | ▼ −1.70% | $351.44 (−21.70%) |
Mar 30, 2026 26w ago | Press Release | $351.28 $400.31 | ▲ +13.96% | ▲ +10.01% | $351.44 (+0.05%) |
US Market Status
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