Southland Holdings (SLND)
:SLND
Earnings Data
Report Date
May 18, 2026TBA (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
―Last Year’s EPS
-0.08Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Negative
The call disclosed severe near-term financial and operational setbacks driven by legacy-project outcomes (notably the Washington State Convention Center adverse ruling) that produced large Q4 and full-year losses, revenue reversals and a valuation allowance on deferred tax assets. Offsetting positives include substantial surety support ($226M committed), debt relief measures (assumption of $110M debt and deferred repayment to 2027), a healthy >$2B backlog with $118M of new Q4 awards (including a strategic $48M data-center project), and a focused plan to monetize non-core assets and concentrate bidding on higher-margin core markets. While management has a clear remediation plan and external capital support that materially reduces liquidity risk, the magnitude of reported losses, legal exposures and earnings deterioration are dominant near-term negatives.Company Guidance
Comprehensive Surety Support and Debt Restructuring
Sureties committed $226 million in total support, including $116 million brought into the business (approximately $14M pre-year-end and $102M in Q1), assumed $110 million of the Senior Credit Facility after the Company paid down ~$14M, waived scheduled principal and monthly interest payments through maturity, and agreed that any Washington State Convention Center settlement repayment will not be required prior to March 27, 2027. Expected reduction in debt service of approximately $27 million over the next 12 months.
Backlog and New Awards
Ending backlog slightly over $2.0 billion. During Q4 the company added roughly $118 million of new awards (notable wins: $48M data-center pipeline project, $40M CMAR water resource project in Texas, $30M pump-station & transmission-main in Cape Coral, FL).
Civil Segment Solid Full-Year Revenue and Positive Core Margins
Civil full-year revenue increased to $342.3 million from $323.3 million in 2024. Civil gross profit for the full-year was $16.3 million (4.8% margin), largely in line with prior-year core performance, indicating core Civil remains a stable contributor.
Strategic Plan and Asset Monetization
Management outlined a clear strategic plan: monetize idle equipment and non-core real estate to pay down debt, focus bidding on high-margin water-resource/bridge/marine/tunnel projects in core geographies, and optimize the fleet to align with core-project footprint.
Market Tailwinds and Active Pipeline
Management cited continued multi-year demand driven by Infrastructure Investment and Jobs Act and private data-center expansion; an active pipeline includes several named opportunities (Pojoaque Basin Phase 2, Winnipeg Phase 3, Claiborne Pell Bridge rehab, Liberty Bend Bridge design-build).
SG&A Reduction Year-over-Year
Full-year selling, general & administrative expenses declined slightly to $61.6 million from $63.3 million in 2024, reflecting modest cost control (offset in Q4 by one-time bad-debt and transformation costs).
SLND Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
SLND Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 26, 2026 | $1.61 | $1.22 | -24.22% |
Nov 12, 2025 | $4.80 | $4.13 | -13.96% |
Aug 12, 2025 | $4.63 | $4.67 | +0.86% |
May 13, 2025 | $3.70 | $3.80 | +2.70% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Southland Holdings (SLND) report earnings?
Southland Holdings (SLND) is schdueled to report earning on May 18, 2026, TBA (Confirmed).
What is Southland Holdings (SLND) earnings time?
Southland Holdings (SLND) earnings time is at May 18, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is SLND EPS forecast?
Currently, no data Available