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  5. STN: Hi Guys, Please provide feedback on Stantec's order. [Stantec Inc.]
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Q: Hi Guys,

Please provide feedback on Stantec's order.

Thanks,

Jim
Asked by jim on November 12, 2024
5i Research Answer:

STN reported EPS of $1.30 beating estimates of $1.25. Net revenue did match estimates of $1.52M displaying an increase of 15.8% year-over-year. The growth was derived 7.8% from acquisitions and 6.5% organic net revenue growth. Order backlog stood at $7.31B, compared with $6.31B in the prior year period. Earnings and revenue guidance was also upped for the full year 2024. Overall a solid quarter, and we like to see the upped guidance along with backlog increase.

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