Southland (NASDAQ:SLND) Announces Earnings Results

Southland (NASDAQ:SLND) released its 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. The business had revenue of $173.32 million during the quarter. Southland had a negative return on equity of 43.46% and a negative net margin of 10.38%.

Southland Stock Down 21.5 %

Shares of Southland stock traded down $0.69 during trading on Wednesday, hitting $2.52. 489,410 shares of the stock traded hands, compared to its average volume of 42,815. The firm has a market cap of $121.24 million, a P/E ratio of -1.07 and a beta of 0.76. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 0.80. Southland has a 52-week low of $1.85 and a 52-week high of $6.35. The stock’s fifty day simple moving average is $3.54 and its 200 day simple moving average is $4.15.

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.