SAIA | Saia Reports Second Quarter Earnings

Jack Knife

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Saia Reports Second Quarter Earnings per Share of $0.53

Second Quarter 2014 Compared to Second Quarter 2013 Results
•Revenues were $330 million, an increase of 12.9%
•LTL tonnage increased 6.9% as LTL shipments were up 5.5% with a 1.4% increase in weight per shipment
•Operating income decreased to $22.7 million compared to $23.3 million
•Operating ratio was 93.1 compared to 92.0
•Diluted earnings per share were $0.53 compared to $0.54
•Claims and insurance expense was $8.3 million higher than the second quarter last year due primarily to accident severity

Saia Reports Second Quarter Earnings per Share of $0.53: Marketwire Business News - MSN Money
 
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