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0.0157958079138278 0.0157958079138278 0.0157958079138278 0.0157958079138278 0.0157958079138278 0.00032083979698726 -0.0208243456451078 -0.0208243456451078
Stock impact report

Stantec reports strong third quarter 2024 results, raises adjusted diluted EPS guidance and achieves record backlog of $7.3 billion

Stantec Inc (STN) 
Last stantec inc earnings: 2/26 06:30 pm Check Earnings Report
US:NYSE Investor Relations: stantec.com/en/investors
Company Research Source: GlobeNewswire
Q3 2024 Highlights Record net revenue of $1.5 billion, an increase of 15.8% compared to Q3 2023Adjusted EBITDA1 increase of 13.8% to $274.6 million and adjusted EBITDA margin1 of 18.0%Adjusted diluted EPS1 of $1.30, up 14.0% compared to Q3 2023Backlog of $7.3 billion, up 15.9% since December 31, 2023 EDMONTON, Alberta and NEW YORK, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Stantec (TSX, NYSE:STN), a global leader in sustainable design and engineering, released its third quarter 2024 results today which are underpinned by continued strong demand and solid project execution. During the quarter, net revenue increased 15.8% year-over-year to $1.5 billion, primarily driven by 7.8% acquisition and 6.5% organic net revenue growth1. Organic growth was achieved in each of Stantec's regional and business operating units, with the exception of Energy & Resources. Double-digit organic growth was achieved in both the Show less Read more
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