Stantec Inc reports results for the quarter ended December 31 - Earnings Summary

• Stantec Inc STN.TO reported quarterly adjusted earnings of C$1.11​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 82 cents. The mean expectation of ten analysts for the quarter was for earnings of C$1.00 per share. Wall Street expected results to range from 94 cents to C$1.07 per share.

• Revenue rose 19% to C$1.48 billion from a year ago; analysts expected C$1.43 billion.

• Stantec Inc's reported EPS for the quarter was 86 cents​.

• The company reported quarterly net income of C$98 million.

• Stantec Inc shares had fallen by 2.7% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.8% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the construction & engineering peer group is also "buy"

Wall Street's median 12-month price target for Stantec Inc is C$135.00

This summary was machine generated from LSEG data February 25 at 02:30 p.m. UTC. ​All figures in Canadian dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)