Southland Holdings Q2 2024 Adj EPS $(0.96) Misses $0.02 Estimate, Sales $251.51M Miss $293.67M Estimate
Portfolio Pulse from Benzinga Newsdesk
Southland Holdings (AMEX:SLND) reported Q2 2024 adjusted EPS of $(0.96), significantly missing the $0.02 estimate. Sales were $251.51M, also missing the $293.67M estimate.

August 12, 2024 | 9:33 pm
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Southland Holdings reported a significant earnings miss for Q2 2024 with an adjusted EPS of $(0.96) compared to the $0.02 estimate. Sales also missed expectations, coming in at $251.51M versus the $293.67M estimate.
The significant miss in both EPS and sales compared to analyst estimates is likely to negatively impact investor sentiment and the stock price in the short term.
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IMPORTANCE 90
RELEVANCE 100