Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Stantec Inc (TSE:STN)
TSX:STN
Holding TSE:STN?
Track your performance easily
Earnings Data
Report Date
Feb 19, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.99Last Year’s EPS
0.82Same Quarter Last Year
Strong Buy
Based on 8 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Nov 08, 2018
|% Change Since: -4.29%
|Next Earnings Date:Aug 08, 2018
Earnings Call Sentiment|Positive
The earnings call highlighted Stantec's strong financial performance and growth across key segments and geographies. The company reported record-breaking revenue and a significant backlog, along with recognition for responsible governance. However, challenges in the Energy & Resources segment and the impact of IFRS adjustments were noted. The guidance for 2024 was increased, reflecting confidence in future growth.Company Guidance
During the Q3 2024 earnings call for Stantec (STN.TO), the company provided robust guidance metrics, reflecting strong performance and positive outlooks across multiple sectors. Stantec reported record net revenue of $1.5 billion, marking a 16% increase from Q3 2023, with 6.5% organic and nearly 8% acquisition growth. The adjusted EBITDA rose to $275 million, a 14% increase, maintaining a healthy margin of 18%. Stantec also raised its 2024 net revenue growth guidance to 14.5% to 15%, up from the previous 12% to 15% range, while expecting adjusted diluted EPS growth of 16% to 18%. The company's backlog reached a record $7.3 billion, indicating continued high demand for services. Stantec's global operations showed over 30% growth in net revenue, with notable performances in water infrastructure and building sectors, further supporting its optimistic guidance for the remainder of 2024.Record-Breaking Revenue and Growth
Stantec achieved record net revenue of $1.5 billion, up almost 16% compared to Q3 2023, with 6.5% organic growth and almost 8% acquisition growth.
Strong Performance in Key Geographies
The U.S. business delivered a 9% increase in net revenue, while the Canadian business grew net revenue by almost 18%. Global operations generated over 30% growth in net revenue.
Recognition for Responsibility and Governance
Stantec was ranked #1 on Newsweek's list of Canada's Most Responsible Companies for 2025, notably achieving a perfect score in governance.
Significant Backlog and Project Wins
Backlog reached a record-setting $7.3 billion, representing 9.5% acquisition and almost 5% organic growth. Notable project wins include contracts with Northern Ireland Water and LUMA Energy in Puerto Rico.
Increased Guidance for 2024
Stantec raised its net revenue growth guidance to 14.5% to 15% for 2024 and expects adjusted EPS growth to be in the range of 16% to 18%.
---
TSE:STN 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
---
TSE:STN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 07, 2024 | C$117.13 | C$111.95 | -4.42% |
| Aug 07, 2024 | C$114.79 | C$111.58 | -2.80% |
| May 08, 2024 | C$115.95 | C$111.80 | -3.58% |
| Feb 28, 2024 | C$114.29 | C$112.48 | -1.58% |
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 Stantec Inc (TSE:STN) report earnings?
Stantec Inc (TSE:STN) is schdueled to report earning on Feb 19, 2025, TBA Not Confirmed.
What is Stantec Inc (TSE:STN) earnings time?
Stantec Inc (TSE:STN) earnings time is at Feb 19, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:STN EPS forecast?
TSE:STN EPS forecast for the fiscal quarter 2024 (Q4) is 0.99.
---