Stantec Inc expected to post earnings of C$1.12 a share - Earnings Preview

Stantec

06/08/2024 03:08

* Stantec Inc  STN.TO   is expected to show a rise in
quarterly
revenue when it reports  results on August 7 for the period
ending June 30 2024
    * The Edmonton Alberta-based  company is expected to report
a
15.9% increase in revenue to C$1.482 billion from C$1.28 billion
a year ago, according to the mean estimate from 9 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Stantec Inc is for
earnings of
C$1.12 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Stantec Inc
is
C$125.50​, above​ its last closing price of C$116.87. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.86        0.86       0.90      Beat    4.5
 Dec. 31 2024  0.88        0.86       0.82      Missed  -4.7
 Sep. 30 2023  0.97        0.97       1.14      Beat    17.3​
 Jun. 30 2023  0.94        0.94       0.99      Beat    5.3
 ​​Mar.        0.72        0.72       0.73      Beat    1.1
 31 2023                                                
 Dec. 31 2022  0.70        0.71       0.82      Beat    15.5​
 Sep. 30 2022  0.88        0.86       0.86      Met     -0.1
 Jun. 30 2022  0.79        0.79       0.83      Beat    4.8
 This summary was machine generated August 6 at 02:08 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)