Stantec's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Stantec (NYSE:STN) is scheduled to release its quarterly earnings report on February 28, 2024, with an estimated EPS of $0.64. Analysts and investors are keen on whether the company will surpass this estimate and provide positive guidance for the next quarter. Stantec's past earnings performance shows a pattern of beating EPS estimates, leading to significant share price movements. The company's stock has seen a 44.82% increase over the last 52 weeks, indicating a positive outlook from long-term shareholders.
February 27, 2024 | 4:01 pm
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Stantec is anticipated to report quarterly earnings with an EPS estimate of $0.64. Historical performance suggests potential for a positive earnings surprise and subsequent stock price movement.
Given Stantec's history of beating EPS estimates and the subsequent positive stock price reactions, there is a strong likelihood of a similar outcome if the company beats the EPS estimate again and provides favorable guidance. The stock's 44.82% increase over the past year further supports investor optimism.
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