Stantec Q1 Earnings Surpass Expectations with Strong Revenue Growth

Stantec beats Q1 estimates with earnings of C$0.88 per share, up from C$0.68. Revenue rises 13.4% to C$1.553 billion, showcasing solid growth.

Date: 15-05-2025

AI Rating: 8

**Earnings Performance:** Stantec Inc. reported impressive earnings in its first quarter, with net income reaching C$100.1 million, which is a significant increase from last year’s C$77.1 million. The earnings per share (EPS) also showcased strong growth, rising from C$0.68 to C$0.88, surpassing analysts' expectations of C$1.10 when adjusted for special items. This performance is indicative of effective operational strategy and market positioning.

**Revenue Growth:** The company achieved a notable revenue growth of 13.4%, advancing to C$1.553 billion from C$1.370 billion in the previous year's quarter. This increase is a positive indicator of demand and market penetration, which could reflect broader industry trends and company success.

The adjusted earnings also indicate that Stantec is performing well even when accounting for special items, with an adjusted EPS of C$1.16 exceeding market expectations. The consistency of revenue growth, coupled with the earnings increase, may signal a robust operational structure and the potential for sustained performance over the next few quarters.

Stocks: STN