Market Overview

Dahlman Rose & Co. Fine-Tunes Saia Estimates


Saia, Inc. (NASDAQ: SAIA) reported 3Q EPS of $0.16, “above our estimate of $0.12 and consensus of $0.15,” Dahlman Rose & Co. reports.

“The company's earnings saw notable improvement over the breakeven results posted in the prior year,” Dahlman Rose & Co. writes. “Revenues were $235MM, a 6% increase from last year and in-line with our and consensus estimates.”

Dahlman Rose & Co. said that it is fine-tuning its estimates for 2010 to $0.18 from $0.15 and maintains its 2011 estimates of $1.40.

“Our price target remains unchanged at $19 as we have chosen to apply a 13.5x multiple on our 2011 EPS estimate,” Dahlman Rose & Co. adds. “We continue to recommend the Georgia based carrier's shares for investors who wish to have exposure to the less-than-truckload segment of the trucking industry.”

Saia currently trades at $14.56.


Related Articles (SAIA)

View Comments and Join the Discussion!

Posted-In: Dahlman Rose & Co. SaiaAnalyst Ratings

Latest Ratings

ETNB of A SecuritiesDowngrades
HUYAB of A SecuritiesReiterates23.0
BABANomura InstinetMaintains249.0
PDDB of A SecuritiesReiterates71.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at