05:23 PM EDT, 05/14/2025 (MT Newswires) -- Stantec ( STN ) , was last seen up 0.9% in after-hours New York trading to a 52-week high as the engineering and design company on Wednesday posted better than expected first-quarter earnings and revenue..

The company reported adjusted earnings per share, excluding most one-time items of $1.16, up from $0.90 in the year-prior quarter and beating the consensus FactSet forecast of $1.10.

Revenue rose to $1.55 billion, up 13.% from $1.37 billion, also topping the FactSet forecast of $1.54 billion.

"Stantec ( STN ) delivered solid first quarter results, supported by strong project execution and operational performance," said chief executive Gord Johnston. "Amid a dynamic market environment, we remain confident in our outlook and reaffirm our 2025 guidance. With a record-high backlog of $7.9 billion and a robust pipeline of growth opportunities ahead of us, we are well-positioned to build on our momentum and deliver another record year for Stantec ( STN )."

Johnston added, "We also started off the year strong on the M&A front, entering into a definitive agreement to acquire Page and with the acquisition of Ryan Hanley. Combined, these two firms will add more than 1,500 team members to Stantec ( STN ) and greatly contribute to the targets we set in our 2024-2026 Strategic Plan. We remain very optimistic and are well on track to successfully deliver this plan."

Stantec ( STN ) shares were last seen up US$0.82 to US$95.54 after hours, $0.01 above their prior 52-week high. The shares closed up $0.40 or 0.3% to $132.30 on the Toronto Stock Exchange.