Stantec Q2 Adj $0.74 Beats $0.70 Estimate, Sales $951.88M Beat $916.91M Estimate
Portfolio Pulse from Benzinga Newsdesk
Stantec (NYSE:STN) reported Q2 earnings of $0.74 per share, beating the analyst consensus estimate of $0.70 by 5.71%. This is a 13.85% increase from the same period last year. The company also reported quarterly sales of $951.88 million, beating the analyst consensus estimate of $916.91 million by 3.81%. This is an 8.78% increase from the same period last year.
August 09, 2023 | 9:26 pm
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POSITIVE IMPACT
Stantec's Q2 earnings and sales exceeded analyst estimates, indicating a strong financial performance. This could potentially lead to a positive impact on the company's stock price.
Stantec's Q2 earnings and sales have exceeded analyst estimates, which is typically a positive signal for investors and can lead to an increase in the company's stock price. The reported earnings and sales also show a significant increase from the same period last year, further indicating the company's strong financial performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100