Southland Holdings Q2 2024 Adj EPS $(0.96) May Not Compare To $0.02 Estimate, Sales $251.51M Miss $293.67M Estimate
Portfolio Pulse from Benzinga Newsdesk
Southland Holdings reported a Q2 2024 adjusted EPS of $(0.96), which significantly missed the $0.02 estimate. Additionally, the company's sales of $251.51 million fell short of the $293.67 million estimate.
August 13, 2024 | 1:44 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 fell short at $251.51 million versus the $293.67 million estimate.
The significant miss in both EPS and sales figures is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100