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Southland Holdings Inc draws attention ahead of Q3 earnings release following restructuring

Earnings Whispers · ·by G4L

SLND
SLND Southland Holdings Inc
$0.67 -1.42%
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  1. 1Southland Holdings Inc recorded a total loss of $71.2 million last quarter due to a reassessment of past claims.
  2. 2Southland Holdings Inc converted approximately $151 million of guaranteed financing into preferred stock last quarter.
  3. 3Southland Holdings Inc's expected Q3 earnings per share is $0.14 with expected revenue of approximately $155 million.

So what's the key point?

Southland Holdings Inc reported a $71.2 million loss after recalculating past claims. Experts are watching to see how the third quarter results will turn out.

Source Earnings Whispers · View original ↗

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