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

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

Southland Trading Down 21.8 %

Shares of SLND stock opened at $2.51 on Thursday. Southland has a 1 year low of $1.85 and a 1 year high of $6.35. The firm has a fifty day moving average price of $3.52 and a 200-day moving average price of $4.14. The company has a market cap of $120.76 million, a price-to-earnings ratio of -1.13 and a beta of 0.76. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.27 and a quick ratio of 1.27.

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.