Southland Holdings reports Q1 adjusted EPS (1c), consensus (14c)

Reports Q1 revenue $288.1M, consensus $256.26M. Southland’s President and CEO, Frank Renda, said, “We had a good start to the year in our seasonally slowest quarter, with revenue increasing by 5% and gross margins improving slightly from the prior year. Demand in our core markets for infrastructure construction services remains extremely healthy driven by significant federal spending and robust state and local programs.”