Stantec Q2 2024 Adj. EPS $1.12 Beats $1.11 Estimate, Sales $1.5B vs $1.478B Estimate
Portfolio Pulse from Benzinga Newsdesk
Stantec reported its Q2 2024 adjusted EPS of $1.12, beating the estimate of $1.11. The company also reported sales of $1.5 billion, surpassing the estimate of $1.478 billion.
August 07, 2024 | 9:07 pm
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Stantec's Q2 2024 adjusted EPS of $1.12 beat the estimate of $1.11, and its sales of $1.5 billion surpassed the estimate of $1.478 billion.
Stantec's better-than-expected earnings and sales figures are likely to positively impact its stock price in the short term. Beating both EPS and sales estimates typically boosts investor confidence and can lead to a stock price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100