Q: Thoughts on Stantec's Q results?
Thanks as always.
Thanks as always.
5i Research Answer:
EPS of 90c beat estimates of 86c; revenue of $1.37B was marginally ahead of estimates. EBITDA of $211.9M beat estimates by1.6%. It was a solid quarter, but as expected, generally. Revenue rose 12%; EPS rose 23%. Margins rose 0.5 points to 54.2%. EBITDA rose 18%. Year forecast was affirmed, with EPS growth of 12% to 16% expected. Backlog is a record $7B. We are very comfortable with these numbers.