Stantec reports strong second quarter 2024 results and backlog of $7.2 billion
Stantec Inc (STN)
Last stantec inc earnings: 2/26 06:30 pm
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stantec.com/en/investors
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Source: GlobeNewswire
Q2 2024 Highlights Record net revenue of $1.5 billion, an increase of 16.8% over Q2 2023Adjusted EBITDA1 increase of 14.5% to $247.3 million and adjusted EBITDA margin1 of 16.6%Adjusted diluted EPS1 of $1.12, up 13.1% over Q2 2023Backlog of $7.2 billion, up 13.4% since December 31, 2023 EDMONTON, Alberta and NEW YORK, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Stantec (TSX, NYSE:STN), a global leader in sustainable design and engineering, today reported its results for the three months ended June 30, 2024. Stantec delivered strong second quarter earnings driven by its diversified business model and solid project execution. Stantec generated record net revenue of $1.5 billion on the strength of 7.1% organic and 8.8% acquisition growth1. Stantec's Water business delivered double digit organic growth of 13.8%, as did Buildings with 13.6%. The Company's US region delivered 8.7% organic growth driven primarily by double digit growth in Water and Infrastructure, and high single digit growth i
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STN
News
- Stantec (TSE:STN) shareholders have earned a 33% CAGR over the last five years [Yahoo! Finance]Yahoo! Finance
- Stantec selected by Los Angeles Department of Water & Power for 5-year US $104-million Master Services AgreementGlobeNewswire
- Stantec Inc. (NYSE: STN) was downgraded by analysts at Raymond James from a "moderate buy" rating to a "hold" rating.MarketBeat
- Canada Green Buildings Industry Report 2024: A $4.8 Billion Market in 2023 - Expanding Construction Activities and Initiatives to Minimize Carbon Emissions - Forecasts to 2028 [Yahoo! Finance]Yahoo! Finance
- Stantec to release second quarter 2024 results on August 7, 2024 and host conference call on August 8, 2024GlobeNewswire
STN
Earnings
- 8/7/24 - Beat
STN
Sec Filings
- 8/15/24 - Form 6-K
- 8/12/24 - Form 6-K
- 8/7/24 - Form 6-K
- STN's page on the SEC website