Stantec (NYSE:STN) reported its Q1 earnings results on Wednesday, May 11, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Stantec beat estimated earnings by 4.35%, reporting an EPS of $0.48 versus an estimate of $0.46.
Revenue was up $135.04 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.0 which was followed by a 0.55% increase in the share price the next day.
Here's a look at Stantec's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.45 | 0.54 | 0.35 | 0.35 |
| EPS Actual | 0.45 | 0.57 | 0.50 | 0.39 |
| Revenue Estimate | 727.99M | 784.51M | 693.81M | 693.81M |
| Revenue Actual | 726.73M | 740.40M | 739.17M | 693.73M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Stantec management provided guidance for FY 2022, expecting earnings between $2.33 and $2.41 per share.
To track all earnings releases for Stantec visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
