Southland (NASDAQ:SLND) Posts Quarterly Earnings Results, Misses Estimates By $1.05 EPS

Southland (NASDAQ:SLND) announced its quarterly earnings results on Tuesday. The company reported ($1.14) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.09) by ($1.05), Zacks reports. Southland had a negative return on equity of 43.46% and a negative net margin of 10.38%. The company had revenue of $173.32 million for the quarter.

Southland Stock Down 25.9 %

SLND traded down $0.83 during trading on Wednesday, reaching $2.38. 468,267 shares of the company were exchanged, compared to its average volume of 42,719. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.27 and a quick ratio of 1.27. Southland has a 52 week low of $1.85 and a 52 week high of $6.35. The firm has a 50 day moving average of $3.54 and a 200 day moving average of $4.15.

About Southland

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.