Friday's analyst upgrades and downgrades [Globe and Mail, The (Toronto, Canada)]
Stantec Inc (STN)
Last stantec inc earnings: 2/26 06:30 pm
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US:NYSE Investor Relations:
stantec.com/en/investors
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Source: Globe and Mail, The
Ltd. increase ) is “off to a good start” in the current fiscal year, seeing it “controlling the controllables.” However, following Thursday's earnings release that sent its shares soaring 6.9 per cent, he warned near-term visibility for the retailer “remains limited” with an inflection likely coming in the second half of the year. “As expected, 1Q results reflected softness in discretionary spending, limited dealer inventory replenishment, and higher net impairment losses and funding costs for FS [Financial Services],” said Mr. Li. “These pressures were mitigated by strong margin improvement and cost control. Management is cautious about 2Q as demand visibility is limited, but inflection should come in 2H, supported by declining rates, demand improvement and dealer restocking. FS monetization is also a potential catalyst. We maintain our positive long-term view.” Given the “challenging” retail environment, Mr. Li saw the same-store sales growth decline of 0.6 per cent from its f
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STN
News
- Stantec (STN) Shares Decline 4% Despite Q1 Earnings Beat [Yahoo! Finance]Yahoo! Finance
- Stantec Announces Results of its 2024 Annual Meeting of Shareholders [Yahoo! Finance]Yahoo! Finance
- Stantec Announces Results of its 2024 Annual Meeting of Shareholders [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Stantec Announces Results of its 2024 Annual Meeting of ShareholdersGlobeNewswire
- Stantec reports strong first quarter 2024 results with 19% growth in diluted earnings per share and 23% growth in adjusted diluted earnings per shareGlobeNewswire
STN
Earnings
- 5/8/24 - Beat
STN
Sec Filings
- 5/9/24 - Form 6-K
- 5/9/24 - Form 6-K
- 5/8/24 - Form 6-K
- STN's page on the SEC website