Overview

* Stantec ( STN ) Q3 net revenue rose 11.8% to C$1.7 bln, slightly missing analyst estimates

* Adjusted EBITDA for Q3 beats analyst expectations, reaching C$323.4 mln

* Adjusted EPS for Q3 met analyst expectations at C$1.53

Outlook

* Stantec ( STN ) raises 2025 adjusted EBITDA margin guidance to 17.2%-17.5%

* Company maintains 2025 net revenue growth forecast at 10%-12%

* Stantec ( STN ) expects US organic net revenue growth in lower mid-single digits

Result Drivers

* ORGANIC AND ACQUISITION GROWTH - Net revenue increase driven by 5.6% organic growth and 5.2% acquisition growth, notably in Water and Energy and Resources sectors

* STRATEGIC ACQUISITIONS - Recent acquisition of Page contributed to growth and complements Stantec's ( STN ) Buildings business

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Slight C$1.70 C$1.71

Revenue Miss* bln bln (9

Analysts

)

Q3 Meet C$1.53 C$1.53

Adjusted (10

EPS Analysts

)

Q3 EPS C$1.32

Q3 Beat C$323.40 C$310.30

Adjusted mln mln (11

EBITDA Analysts

)

Q3 Order C$8.40

Backlog bln

*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Press Release:

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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.)