05:32 PM EDT, 08/13/2025 (MT Newswires) -- Stantec ( STN ) was last seen down 4.8% in after-hours New York trade as the company on Wednesday delivered higher second-quarter earnings and revenue and updated its full-year outlook.

The engineering and design company reported adjusted earnings, excluding most one-time items, of $154.7 million, or $1.36 per share, in the period, up from $127.2 million, or $1.12. FactSet expected $1.36 per share.

Revenue rose to $1.6 billion from $1.49 billion in the year-ago quarter. FactSet projected $1.60 billion.

"With our strong performance year-to-date and the acquisitions of Ryan Hanley, Cosgroves, and now Page, we are increasing our guidance for the full year," said Chief Executive Gord Johnston.

The company now expects net revenue to grow between 10% and 12%, up from the previous range of 7% to 10%. Adjusted EBITDA as a percentage of net revenue is now projected between 17% and 17.4%, slightly higher than the earlier range of 16.7% to 17.3%.

Stantec ( STN ) continues to expect adjusted net income to exceed 8.8% of net revenue. It has also raised its adjusted earnings per share growth forecast to a range of 18.5% to 21.5%, up from 16% to 19%.

The company's shares were last seen down US$5.24 to US$103.50 after hours. They closed down $0.78 to $149.54 on the Toronto Stock Exchange.