Southland Q3 revenue up 23.1%

Southland Holdings

12/11/2025 21:38

Overview

Southland Q3 revenue rises 23.1% yr/yr but misses analyst expectations

Company reports Q3 gross profit margin of 1.5%, improving from a loss last year

Net loss impacted by non-cash tax charge and legacy project adjustments

Outlook

Company did not provide specific future guidance in the statement

Result Drivers

CIVIL SEGMENT - Strength in civil segment and execution of new core work drove revenue growth, per CEO Frank Renda

LEGACY PROJECTS - Unfavorable adjustments related to legacy projects impacted results, per CEO Frank Renda

MATERIALS & PAVING IMPACT - Materials & Paving business contributed $22.9 mln to revenue but negatively impacted gross profit by $3.0 mln

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Miss
$213.30 mln
$241.52 mln (4 Analysts)
Q3 Net Loss attributable to Southland Stockholders
-$75.27 mln
Q3 Gross Margin
1.50%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the construction & engineering peer group is "buy"

Wall Street's median 12-month price target for Southland Holdings Inc is $6.00, about 24.3% above its November 11 closing price of $4.54

Press Release: ID:nBw8Ptg6Xa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)