Stantec (STN) Scheduled to Post Quarterly Earnings on Wednesday

Stantec (NYSE:STN) (TSE:STN) is set to issue its quarterly earnings data after the market closes on Wednesday, August 7th. Analysts expect the company to announce earnings of $0.81 per share for the quarter. Stantec has set its FY 2024 guidance at 3.050-3.150 EPS.Individual interested in participating in the company’s earnings conference call can do so using this link.

Stantec (NYSE:STN) (TSE:STN) last released its quarterly earnings results on Wednesday, May 8th. The business services provider reported $0.67 earnings per share for the quarter, topping analysts’ consensus estimates of $0.63 by $0.04. The company had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $996.81 million. Stantec had a return on equity of 16.51% and a net margin of 5.19%. On average, analysts expect Stantec to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Stantec Trading Down 1.4 %

Stantec stock opened at $83.07 on Tuesday. The stock has a 50-day moving average price of $83.67 and a 200 day moving average price of $82.69. Stantec has a 52 week low of $59.55 and a 52 week high of $88.42. The stock has a market cap of $9.48 billion, a PE ratio of 36.28 and a beta of 1.04. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.46.

Stantec Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, July 15th. Shareholders of record on Friday, June 28th were paid a dividend of $0.152 per share. The ex-dividend date was Friday, June 28th. This represents a $0.61 annualized dividend and a dividend yield of 0.73%. Stantec’s dividend payout ratio is currently 27.07%.

About Stantec

Stantec Inc provides professional services in the areas of infrastructure and facilities to the public and private sectors in Canada, the United States, and internationally. It offers evaluation, planning, and designing infrastructure solutions; solutions for sustainable water resources, planning, management, and infrastructure; environmental services; integrated architecture, engineering, interior design, and planning solutions for buildings; and energy and resources solutions.