Southland Holdings Q4 Earnings Breakdown
Southland Holdings (AMEX: SLND) recently disclosed its Q4 earnings, unveiling important details for investors to take note of. Here’s a breakdown of the key highlights:
Earnings Performance:
Southland Holdings fell short of estimated earnings by -700.0%, posting an EPS of $-0.12 as opposed to an expected $0.02.
Revenue saw a significant increase of $21.39 million compared to the same period last year.
Past Earnings Performance:
In the previous quarter, the company missed EPS by $0.02, leading to a 6.0% rise in the share price the following day.
A summary of Southland Holdings’ performance in recent quarters is as follows:
Quarter EPS Estimate EPS Actual Revenue Estimate (in millions) Revenue Actual (in millions)
Q3 2023 0.10 0.08 $300.65 $312.47
Q2 2023 0.34 -0.76 $257.00 $256.93
Q1 2023 -0.04 -0.03 $237.45 $274.83
Q4 2022 0.23 0.68 $338.47 $294.80
For more in-depth information and to keep track of all earnings releases for Southland Holdings, you can visit their quarterly results page.
This summary offers a comprehensive overview of Southland Holdings’ recent financial performance, providing valuable insights for investors to understand the company’s direction and market position.
SLND Stock Plummets 5.41% in One Day – Should Investors Be Worried?
On March 4, 2024, SLND stock experienced a significant drop in its price performance. The stock closed at $4.37, which was $0.25 lower than the previous market close, representing a 5.41% decrease for the day. SLND is currently trading near the bottom of its 52-week range and below its 200-day simple moving average, indicating a downward trend. In after-hours trading, the stock dropped an additional $0.04, suggesting investors may be losing confidence and selling off shares. It is important to monitor SLND’s performance in the coming days to see if it can rebound. Exercise caution when considering buying or holding SLND stock until there is more clarity on its price momentum and market conditions.
SLND Stock Shows Impressive Growth in Net Income and Earnings per Share
On March 4, 2024, SLND stock experienced a significant increase in both net income and earnings per share compared to the previous year and quarter. According to data from CNN Money, SLND reported a net income of $1.93 million over the course of the past year, which represents a staggering 1495.06% increase from the previous year. In the third quarter of the same year, SLND’s net income rose to $3.80 million, marking a 129.63% increase from the previous quarter.
Similarly, SLND’s earnings per share (EPS) also saw substantial growth over the same period. The EPS for the past year stood at $0.05, reflecting a remarkable 1479.49% increase from the previous year. In the third quarter of the year, the EPS rose to $0.08, representing a 129.02% increase from the previous quarter.
While the total revenue for SLND is currently unavailable, the impressive growth in net income and EPS suggests that the company has been performing well financially. Investors may view these positive financial indicators as a sign of potential growth and profitability for SLND in the future.
