Stantec Q3 adjusted EPS CAD 1.89 vs. IBES estimate CAD 1.78
STN•Stantec reported third-quarter adjusted EPS of CAD 1.89, compared with the IBES estimate of CAD 1.78. Revenue was CAD 1.9 billion, and the company forecast full-year revenue growth of 8.5% to 11.5%.
1. Quarterly results
Stantec reported third-quarter revenue of CAD 1.9 billion, above the IBES estimate of CAD 1.841 billion. EPS was CAD 1.60, adjusted EBITDA was CAD 377.1 million versus an estimate of CAD 354.3 million, and order backlog was CAD 9.2 billion. The company forecast full-year revenue growth of 8.5% to 11.5% and an adjusted EBITDA margin of 18.3% to 18.5%.
