Stantec Q4 Adj EPS $0.60 Misses $0.64 Estimate
Portfolio Pulse from Benzinga Newsdesk
Stantec (NYSE:STN) reported its Q4 adjusted earnings per share (EPS) at $0.60, missing the consensus estimate of $0.64 by 5.78%. This represents a 1.15% decrease from the $0.61 EPS reported in the same quarter last year.
February 28, 2024 | 10:03 pm
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NEGATIVE IMPACT
Stantec's Q4 adjusted EPS of $0.60 missed the consensus estimate of $0.64, marking a 1.15% decrease from the previous year.
Missing the consensus earnings estimate and reporting a year-over-year decrease in EPS are both negative indicators for investor sentiment and can lead to a short-term decrease in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100