Southland Holdings reports Q2 EPS (19c), consensus (27c)

Reports Q2 revenue $215.4M, consensus $245.8M. “We continue to be encouraged by the sustained margin improvement in our core business resulting from our disciplined approach to bidding and operations,” said Frank Renda, Southland’s President & Chief Executive Officer. “As we move into the second half of the year, our outlook remains positive. With IIJA and other government spending initiatives in full swing, we are well-positioned to win our fair-share of the opportunities ahead of us.”