Stantec Inc expected to post earnings of 86 cents a share - Earnings Preview

Stantec

07/05/2024 24:12

* Stantec Inc  STN.TO   is expected to show a rise in
quarterly
revenue when it reports  results on May 8 for the period ending
March 31 2024
    * The Edmonton Alberta-based  company is expected to report
a
10.9% increase in revenue to C$1.362 billion from C$1.23 billion
a year ago, according to the mean estimate from 11 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Stantec Inc is for
earnings of
86 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.2%
in the last three months. ​
    * Wall Street's median 12-month price target for Stantec Inc
is
C$125.00​, above​ its last closing price of C$116.66. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.88        0.86       0.82      Missed  -4.7
 Sep. 30 0001  0.97        0.97       1.14      Beat    17.3
 Jun. 30 2023  0.94        0.94       0.99      Beat    5.3​
 Mar. 31 2023  0.72        0.72       0.73      Beat    1.1
 ​​Dec.        0.70        0.71       0.82      Beat    15.5
 31 2022                                                
 Jan. 1 0001   0.88        0.86       0.86      Met     -0.1​
 Jan. 1 0001   0.79        0.79       0.83      Beat    4.8
 Mar. 31 2022  0.59        0.59       0.61      Beat    3
 This summary was machine generated May 6 at 23:12 GMT.  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)