Stantec (STN)
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Stantec (STN) - 2024 Q3 - Earnings Call Presentation
2024-11-08 14:31
Third Quarter 2024 Results Presentation | Stantec November 8, 2024 Q3 2024 Cautionary statement This presentation contains non-IFRS and other financial measures and forward-looking statements, including a discussion of our business targets, expectations, and outlook. We caution readers not to place undue reliance on our forward- looking statements since a number of factors could cause actual future results to differ materially from the targets and expectations expressed. Non-IFRS and other financial measure ...
Stantec (STN) Q3 Earnings and Revenues Beat Estimates
ZACKS· 2024-11-08 02:11
Stantec (STN) came out with quarterly earnings of $0.95 per share, beating the Zacks Consensus Estimate of $0.90 per share. This compares to earnings of $0.85 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5.56%. A quarter ago, it was expected that this engineering firm would post earnings of $0.81 per share when it actually produced earnings of $0.82, delivering a surprise of 1.23%.Over the last four quarters, the company ha ...
Stantec (STN) - 2024 Q3 - Quarterly Report
2024-11-07 22:06
See accompanying notes Revised for change in accounting policy (see Note 3.c) | --- | --- | --- | --- | --- | |-------------------------------------------------|-------|------------------------|----------------------------------------|----------------------------------| | (Unaudited) \n(In millions of Canadian dollars) | Notes | September 30, 2024 \n$ | December 31, 2023 \n$ (Note 3.c) 1 | January 1, 2023 \n$ (Note 3.c) 1 | | ASSETS | | | | | | Current | | | | | | Cash and cash equivalents | | 262.5 | 352.9 ...
Stantec reports strong third quarter 2024 results, raises adjusted diluted EPS guidance and achieves record backlog of $7.3 billion
GlobeNewswire News Room· 2024-11-07 22:05
Q3 2024 Highlights Record net revenue of $1.5 billion, an increase of 15.8% compared to Q3 2023Adjusted EBITDA1 increase of 13.8% to $274.6 million and adjusted EBITDA margin1 of 18.0%Adjusted diluted EPS1 of $1.30, up 14.0% compared to Q3 2023Backlog of $7.3 billion, up 15.9% since December 31, 2023 EDMONTON, Alberta and NEW YORK, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Stantec (TSX, NYSE:STN), a global leader in sustainable design and engineering, released its third quarter 2024 results today which are underpi ...
Stantec (STN) Earnings Expected to Grow: Should You Buy?
ZACKS· 2024-10-31 15:06
Wall Street expects a year-over-year increase in earnings on higher revenues when Stantec (STN) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on November 7. On ...
Stantec to release third quarter 2024 results on November 7, 2024 and host conference call on November 8, 2024
GlobeNewswire News Room· 2024-10-25 19:53
EDMONTON, Alberta, Oct. 25, 2024 (GLOBE NEWSWIRE) -- TSX,NYSE: STN Stantec, a global leader in sustainable design and engineering, will release its third quarter 2024 financial results after markets close on Thursday, November 7, 2024. On Friday, November 8, 2024, at 7:00 AM Mountain Time (9:00 AM Eastern Time), Gord Johnston, president and chief executive officer, and Vito Culmone, executive vice president and chief financial officer, will hold a webcast and conference call to discuss the Company’s perform ...
Stantec Announces Passing of Board Member Dr. Patricia D. Galloway
GlobeNewswire News Room· 2024-10-03 21:10
Company Announcement - Stantec announced the passing of Dr Patricia D Galloway, a member of its Board of Directors, on September 26, 2024 [1] - Dr Galloway had been a member of Stantec's Board of Directors since May 2020 and served on the Corporate Governance and Compensation, and Sustainability and Safety committees [2] Leadership and Legacy - Dr Galloway was a renowned leader in civil engineering, gigaproject construction, and dispute resolution with over 40 years of experience specializing in energy and construction matters [2] - She was the first female president of the American Society of Civil Engineers and a proud supporter of inclusion, diversity, and equity [3] Company Overview - Stantec is a global leader in sustainable architecture, engineering, and environmental consulting [4] - The company focuses on addressing challenges such as aging infrastructure, demographic changes, and the energy transition through expertise, technology, and innovation [4] - Stantec emphasizes community engagement and diverse perspectives to tackle critical issues like climate change, digital transformation, and future-proofing cities and infrastructure [5] Business Operations - Stantec operates at the intersection of community, creativity, and client relationships to advance communities globally [6] - The company trades on the TSX and NYSE under the symbol STN [6]
Stantec: Industry Tailwinds Vs. Valuation Headwinds
Seeking Alpha· 2024-09-05 15:40
We Are Stantec (NYSE:STN) is something of a hidden gem in the Industrials sector. A company specializing in sustainable infrastructure and building projects, it has seen double-digit growth in revenue, earnings per share, and EBITDA over the past few years while increasing its dividend between 6% and 8% over that time. The forward P/E of 26x is lofty but should fall back to the company's historical averages if growth targets for 2025 and 2026 are met. I believe Stantec is positioned to thrive well into the ...
Stantec selected by Los Angeles Department of Water & Power for 5-year US $104-million Master Services Agreement
GlobeNewswire News Room· 2024-08-15 10:45
LOS ANGELES and EDMONTON, Alberta and NEW YORK, Aug. 15, 2024 (GLOBE NEWSWIRE) -- TSX, NYSE:STN Stantec, a global leader in sustainable design and engineering, has been selected by the Los Angeles Department of Water & Power (LADWP) for a new five-year master services agreements (MSA) to upgrade, expand, and modernize the electrical infrastructure in greater Los Angeles. The firm will support LADWP's Power System Reliability Program (PSRP) projects to renew aging infrastructure and assist LADWP in driving t ...
Stantec (STN) - 2024 Q2 - Earnings Call Transcript
2024-08-08 18:22
Stantec Inc. (NYSE:STN) Q2 2024 Earnings Conference Call August 8, 2024 9:00 AM ET Company Participants Gord Johnston - President and Chief Executive Officer Theresa Jang - Executive Vice President and Chief Financial Officer Conference Call Participants Sabahat Khan - RBC Capital Markets Devin Dodge - BMO Capital Markets Yuri Lynk - Canaccord Genuity Jacob Bout - CIBC World Markets Chris Murray - ATB Capital Markets Sean Jack - Raymond James Limited Benoit Poirier - Desjardins Maxim Sytchev - NBF Ian Gilli ...