Stantec (STN) Earnings Expected to Grow: Should You Buy?

Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for Stantec, with a focus on how actual results compare to estimates, which could significantly impact stock price [1][2]. Earnings Expectations - Stantec is expected to report quarterly earnings of $0.90 per share, reflecting a +5.9% change year-over-year, with revenues projected at $1.12 billion, up 13.7% from the previous year [3]. Estimate Revisions - The consensus EPS estimate has remained unchanged over the last 30 days, indicating a stable outlook from covering analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that the Most Accurate Estimate for Stantec is lower than the consensus estimate, resulting in an Earnings ESP of -1.55%, indicating a bearish sentiment among analysts [10]. Historical Performance - Stantec has beaten consensus EPS estimates three out of the last four quarters, with a recent surprise of +1.23% in the last reported quarter [12][13]. Zacks Rank - Stantec currently holds a Zacks Rank of 2 (Buy), but the negative Earnings ESP complicates the prediction of an earnings beat [11]. Conclusion - While Stantec does not appear to be a strong candidate for an earnings beat, investors should consider other factors before making investment decisions [16].