Saia Reports Fourth Quarter Earnings per Share of $0.45

Discussion in 'Saia' started by truckdriver, Feb 5, 2016.

  1. truckdriver

    truckdriver Active Member

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    Fourth Quarter 2015 Compared to Fourth Quarter 2014 Results
    • Revenues were $288 million, a 7% decrease
    • Operating income decreased 14% to $17.6 million
    • Net income fell 16% to $11.4 million
    • Diluted earnings per share were $0.45 compared to $0.53
    • Operating ratio of 93.9 compared to 93.4
    • LTL shipments were down 6.2% and LTL tonnage declined 8.9%
    • LTL revenue per hundredweight increased 2.1% despite the impact of lower year-over-year fuel surcharges


    2015 Results Compared to 2014 Results
    • Revenues were $1.2 billion, a 4% decrease
    • Operating income increased 5% to $90.0 million
    • Net income of $55.0 million rose 5.8%
    • Diluted earnings per share were $2.16 versus the $2.04 earned in 2014. Both years included a positive $0.04 per share impact from tax credits
    • Operating ratio improved 70 basis points to 92.6% from 93.3%
    • LTL revenue per hundredweight increased 3.2% on 4.0% fewer LTL shipments

    https://finance.yahoo.com/news/saia-reports-fourth-quarter-earnings-123000457.html
     
  2. bigbuck

    bigbuck Active Member

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    You guys are really feeling the pinch, likely due to the low price of oil. It's unfortunate that Saia isn't more diversified. And indications are that it will get worse before it gets better. Good luck folks. Keep in mind, I'm hiring!
     
  3. dallasj

    dallasj Member

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    You do know those were good numbers right big buck?
     
  4. bigbuck

    bigbuck Active Member

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    Hmmm...revenue, OI, net income, OR, shipments, and tonnage were all down. Explain to me why those numbers are good? Sorta looks like a step in the wrong direction.
     
  5. nrpick

    nrpick Member

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    If a step in the wrong direction to you is an yearly increase in Operating income, Net income, earnings per share, Operating ratio, and Revenue per hundredweight then please share with us why you think those are bad? Sorta looks like a step in the right direction to me.

    Our stock price rose $5 in two days as well. I guess all that bad news is to blame for that as well.
     
    Last edited: Feb 6, 2016
    Buggybruiser likes this.
  6. bigbuck

    bigbuck Active Member

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    Think big picture, long term...stock price alone has dropped from $46 last year to a low of $19. In one year. So you had the stock rise $5 That's short term. Unless you are Berkshire Hathaway you won't maintain those numbers. I wish you well, but long term is the big picture. And I won't be investing in your company.
     
  7. LTLIndentured

    LTLIndentured Well-Known Member

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    You are hiring? OO?
     
  8. nrpick

    nrpick Member

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    I don't believe that "Berkshire Hathaway" would share your opinion on this. If big picture or long term to you is that a year over year growth in every key category financially is bad then I'm not sure how to respond.

    Your own opinion is one thing but thinking that you're gonna use the above information to confirm that opinion, is well, kinda sad.
     
  9. renegaderider

    renegaderider Active Member

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    I don't think anybody had a outstanding 4th quarter everybody knows things are slow. Now if 2nd or 3rd quarter numbers are low then I'll worry a little more.
     
  10. MachOne

    MachOne Member

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    I've been buying the stock since it dropped to 24. Bought a lot more when it hit 20. Actually thinking about selling my GE stock and increasing my holdings. If I cashed out now I'll have profited half a years salary. Sure it was a risk, but when the hedge funds were snapping it up I figured I should too. They beat their own estimates for the quarter.
    If your running a business Buck and don't understand what just happened you may want to get an advisor or you may find yourself dead ass broke when the economy picks up. I know it sounds bass ackwards, but it's the reality.
     
    Last edited: Feb 6, 2016
  11. bigbuck

    bigbuck Active Member

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    Your opinions are appreciated and, well, ignored. Enjoy. I see more layoffs coming. Get your portfolio, insurance, and savings squared away now.
     
  12. renegaderider

    renegaderider Active Member

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    Then u might want 2 let Saia know cause I see fresh ads of them hiring offering signing bonus. Don't make sense to have layoffs coming and hiring drivers paying them $5000
     
  13. bigbuck

    bigbuck Active Member

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    So, point me to the proof that Saia does things that "make sense". Never saw it while working there, and haven't changed my mind
     
    othertrucker2001 likes this.
  14. MachOne

    MachOne Member

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    I hope we do. There's a few at my terminal that need going so we can replace with good drivers. Some don't just walk away when they can't handle the job. I wish we did it quarterly.
     
  15. NewTruckGuy

    NewTruckGuy Member

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    Maybe they will start offering retirement packages to some of these older drivers that probably want to retire anyway but just cant make themselves take that first step towards the door.

    However I highly doubt layoffs are coming anytime soon. They have fresh "now hiring" postings for many terminals posted up.
     

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