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Stantec Q1 Adjusted Earnings, Net Revenue Increase; Reaffirms 2024 Guidance
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Stantec Q1 Adjusted Earnings, Net Revenue Increase; Reaffirms 2024 Guidance
May 8, 2024 2:44 PM

05:16 PM EDT, 05/08/2024 (MT Newswires) -- Stantec ( STN ) reported Q1 adjusted earnings Wednesday of 0.90 Canadian dollars ($0.66) per diluted share, up from CA$0.73 a year earlier.

Analysts polled by Capital IQ expected CA$0.86.

Net revenue for the quarter ended March 31 was CA$1.37 billion, up from CA$1.23 billion a year earlier. Analysts polled by Capital IQ expected CA$1.36 billion.

For 2024, the company expects adjusted diluted EPS growth of 12% to 16%, and net revenue growth of 11% to 15%.

Price: 84.93, Change: +0.01, Percent Change: +0.02

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