Engineering services provider Stantec's Q3 revenue slightly misses estimates

Stantec

13/11/2025 22:09

Overview

Stantec 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 raises 2025 adjusted EBITDA margin guidance to 17.2%-17.5%

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

Stantec 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 Buildings business

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Slight Miss*
C$1.70 bln
C$1.71 bln (9 Analysts)
Q3 Adjusted EPS
Meet
C$1.53
C$1.53 (10 Analysts)
Q3 EPS
C$1.32
Q3 Adjusted EBITDA
Beat
C$323.40 mln
C$310.30 mln (11 Analysts)
Q3 Order Backlog
C$8.40 bln


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

Press Release: ID:nGNX7tx839

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(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.)