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.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100