Southland (NASDAQ:SLND) Releases Earnings Results, Misses Expectations By $0.98 EPS

Southland (NASDAQ:SLND) issued its earnings results on Monday. The company reported ($0.96) EPS for the quarter, missing the consensus estimate of $0.02 by ($0.98), Zacks reports. The business had revenue of $251.51 million during the quarter. Southland had a negative return on equity of 14.31% and a negative net margin of 1.28%.

Southland Stock Down 2.7 %

SLND traded down $0.10 on Wednesday, reaching $3.65. 52,669 shares of the company traded hands, compared to its average volume of 37,434. The stock’s 50 day moving average price is $4.42 and its 200-day moving average price is $4.72. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.60 and a quick ratio of 1.60. Southland has a 52-week low of $3.20 and a 52-week high of $7.25. The company has a market cap of $175.29 million, a price-to-earnings ratio of -11.34 and a beta of 0.53.

Southland Company Profile

Southland Holdings, Inc engages in specialty infrastructure construction business in North America and internationally. The company operates through two segments, Civil and Transportation. The Civil segment designs and constructs water pipelines, pump stations, lift stations, water and wastewater treatment plants, concrete and structural steel, outfall, and tunneling.