Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...

Stantec (STN) came out with quarterly earnings of $0.81 per share, beating the Zacks Consensus Estimate of $0.79 per share. This compares to earnings of $0.67 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.53%. A quarter ago, it was expected that this engineering firm would post earnings of $0.69 per share when it actually produced earnings of $0.79, delivering a surprise of 14.49%.Over the last four quarters, the company h ...

Exhibit 99.2 - Stantec Inc.'s Unaudited Interim Condensed Consolidated Financial Statements Interim Condensed Consolidated Statements of Financial Position (Unaudited) | | | March 31, | December 31, | | --- | --- | --- | --- | | | | 2025 | 2024 | | (In millions of Canadian dollars) | Notes | $ | $ | | ASSETS | | | | | Current | | | | | Cash and cash equivalents | | 254.0 | 228.5 | | Trade and other receivables | 4 | 1,194.3 | 1,323.8 | | Unbilled receivables | | 789.2 | 724.5 | | Contract assets | | 127.3 | ...

Core Insights - Stantec reported a strong first quarter for 2025, with net revenue increasing by 13.3% year-over-year to $1.6 billion, driven by both organic growth of 5.9% and acquisition growth of 3.2% [3][6][11] - The company achieved an adjusted EBITDA of $252.3 million, reflecting a 19.1% increase, and an adjusted EBITDA margin of 16.2%, which is a 70 basis point improvement compared to the same quarter in 2024 [3][6][11] - Stantec's backlog reached a record high of $7.9 billion, up 12.8% year-over-year, indicating strong future revenue potential [4][6][11] Financial Performance - Net income for Q1 2025 increased by 29.8% to $100.1 million, with diluted EPS rising by 29.4% to $0.88 [11][12] - Adjusted net income grew by 28.9% to $132.8 million, achieving 8.6% of net revenue, an increase of 110 basis points [11][12] - Operating cash flows increased significantly by 135.8% to $100.7 million, demonstrating strong cash flow generation [11] Growth Strategy - Stantec reaffirmed its 2025 guidance, targeting net revenue growth of 7% to 10%, with adjusted EBITDA margin expected to be between 16.7% and 17.3% [5][8][9] - The company is optimistic about organic growth in both the US and Canada, expecting mid- to high-single-digit growth driven by a robust backlog [8][10] - Stantec has entered into definitive agreements to acquire Page and Ryan Hanley, which will enhance its capabilities and expand its workforce by over 1,500 team members [4][6][15] Market Position - The acquisition of Page, a 1,400-person architecture and engineering firm, positions Stantec to become the second largest architecture firm in the US, enhancing its expertise in advanced manufacturing and healthcare [4][6][11] - The acquisition of Ryan Hanley strengthens Stantec's presence in the Irish water sector, further diversifying its service offerings [15] Segment Performance - In Q1 2025, net revenue by region showed strong performance, with Canada achieving 12.2% organic growth, the US growing by 2.4%, and Global operations increasing by 7.5% [13] - The project margin increased to 54.3%, reflecting solid project execution and effective cost management [11][12] Future Outlook - Stantec anticipates continued strong demand and operational performance, with a focus on maintaining high project margins and effective cost management strategies [9][10] - The company expects adjusted EPS growth of 16% to 19% compared to 2024, indicating confidence in its financial trajectory [10]

Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying strong candidates can be challenging due to associated risks and volatility [1] Group 1: Company Overview - Stantec (STN) is highlighted as a promising growth stock, supported by a favorable Growth Score and a top Zacks Rank [2] - The company has a historical EPS growth rate of 18.1%, with projected EPS growth of 15.7% this year, significantly outperforming the industry average of 3.9% [4] Group 2: Financial Metrics - Stantec's year-over-year cash flow growth stands at 17.2%, exceeding the industry average of 12.6% [5] - The company's annualized cash flow growth rate over the past 3-5 years is 28.8%, compared to the industry average of 8.3% [6] Group 3: Earnings Estimates - There has been a positive trend in earnings estimate revisions for Stantec, with the Zacks Consensus Estimate for the current year increasing by 1.5% over the past month [8] - Stantec has achieved a Zacks Rank of 2 (Buy) and a Growth Score of A, indicating strong potential for outperformance [10]

Core Insights - Stantec has been selected by the City of Mississauga to lead the design and contract administration for the Dundas Bus Rapid Transit (BRT) Mississauga East Corridor, which spans over 7 kilometers and includes 8 stops with an estimated project budget of C$580 million [1][3] Group 1: Project Overview - The Dundas BRT will enhance connections to urban light rail and the regional transit network, improving local and regional transit services [2][3] - The project aims to increase service reliability, decrease travel time, and enhance transit ridership and satisfaction, aligning with Metrolinx's 2041 Regional Transportation Plan [3][4] - The design will feature dedicated median bus lanes and Intelligent Transportation Systems (ITS) for optimized signal timings, ensuring fast and reliable service [4][5] Group 2: Environmental and Community Impact - Stantec's Water group will collaborate on significant watermain and wastewater main replacements, utilizing trenchless tunneling and open-cut techniques to minimize community disruption [2][6] - The project will incorporate environmentally friendly practices and materials to reduce its carbon footprint [6] Group 3: Company Expertise and Experience - Stantec has extensive experience in BRT projects across North America, including notable projects in the Greater Toronto Area and Calgary [7][8] - The company provides a comprehensive range of services including consulting, design, construction support, and maintenance period administration [6]

Have you been paying attention to shares of Stantec (STN) ? Shares have been on the move with the stock up 6.2% over the past month. The stock hit a new 52-week high of $90.29 in the previous session. Stantec has gained 14.6% since the start of the year compared to the -1.2% move for the Zacks Business Services sector and the -6.5% return for the Zacks Consulting Services industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our earnings ...

Core Insights - Stantec has been selected by the City of Vancouver, Washington, to design a treatment system for removing PFAS from drinking water, aiming to enhance water quality for the community [1][2] - The treatment facility at Water Station 4 will be capable of treating up to 12.2 million gallons of water per day, marking it as the largest PFAS project in the Northwestern US [2] - The U.S. EPA has mandated that public water utilities reduce PFAS levels by 2029, prompting cities to seek effective treatment solutions, with estimated costs for PFAS treatment reaching approximately $40 billion [3] Company Overview - Stantec is recognized as a global leader in sustainable design and engineering, focusing on addressing significant environmental challenges [8] - The company is actively collaborating with various public water utilities to ensure compliance with state and federal regulations regarding PFAS [7] Project Details - The City of Vancouver delivers an average of 10.1 billion gallons of drinking water annually to over 270,000 residents, necessitating upgrades to meet new PFAS regulations [5] - Construction of the PFAS treatment facility is set to begin in October 2025 and is expected to be completed by early 2028, ahead of the EPA's compliance deadline [6]

Core Viewpoint - Investors are increasingly seeking growth stocks that demonstrate above-average growth potential, with Stantec (STN) identified as a strong candidate due to its favorable growth metrics and Zacks Rank [2][9]. Group 1: Earnings Growth - Stantec has a historical EPS growth rate of 18.1%, with projected EPS growth of 15.7% for the current year, significantly outperforming the industry average of 3.6% [4]. Group 2: Cash Flow Growth - The company exhibits a year-over-year cash flow growth of 17.2%, surpassing the industry average of 12.6%. Additionally, Stantec's annualized cash flow growth rate over the past 3-5 years stands at 28.8%, compared to the industry average of 8.3% [5][6]. Group 3: Earnings Estimate Revisions - Stantec has seen a positive trend in earnings estimate revisions, with the current-year earnings estimates increasing by 3.6% over the past month, contributing to its Zacks Rank of 1 [7][9].

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Stantec (STN) , which belongs to the Zacks Consulting Services industry.When looking at the last two reports, this engineering firm has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 10.02%, on average, in the last two quarters.For the last reported quarter, Stantec came out with earnings of $0.79 per share vers ...