Stantec (STN) to Release Quarterly Earnings on Thursday

Stantec (NYSE:STN - Get Free Report) TSE: STN will post its quarterly earnings results after the market closes on Thursday, November 7th. Analysts expect Stantec to post earnings of $0.91 per share for the quarter. Stantec has set its FY 2024 guidance at 3.050-3.150 EPS.Persons interested in registering for the company's earnings conference call can do so using this link.

Stantec (NYSE:STN - Get Free Report) TSE: STN last announced its quarterly earnings data on Wednesday, August 7th. The business services provider reported $0.82 EPS for the quarter, topping analysts' consensus estimates of $0.81 by $0.01. Stantec had a return on equity of 16.22% and a net margin of 4.96%. The business had revenue of $1.09 billion during the quarter, compared to analysts' expectations of $1.09 billion. On average, analysts expect Stantec to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Stantec Trading Down 1.1 %

NYSE:STN traded down $0.93 during mid-day trading on Thursday, hitting $81.16. The company had a trading volume of 81,623 shares, compared to its average volume of 118,735. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.39 and a current ratio of 1.39. The firm has a market cap of $9.26 billion, a P/E ratio of 35.52 and a beta of 1.02. The business's fifty day moving average is $81.46 and its two-hundred day moving average is $82.25. Stantec has a fifty-two week low of $60.49 and a fifty-two week high of $88.42.

Stantec Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Friday, September 27th were issued a $0.152 dividend. The ex-dividend date of this dividend was Friday, September 27th. This represents a $0.61 annualized dividend and a yield of 0.75%. Stantec's dividend payout ratio (DPR) is presently 27.07%.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the stock. Scotiabank assumed coverage on Stantec in a research note on Friday, October 25th. They set a "sector outperform" rating on the stock. Raymond James lowered Stantec from a "moderate buy" rating to a "hold" rating in a research report on Thursday, August 8th.

Stantec Company Profile

Stantec Inc provides professional services in the areas of infrastructure and facilities to the public and private sectors in Canada, the United States, and internationally. It offers evaluation, planning, and designing infrastructure solutions; solutions for sustainable water resources, planning, management, and infrastructure; environmental services; integrated architecture, engineering, interior design, and planning solutions for buildings; and energy and resources solutions.