Stantec reports strong second quarter 2023 results, achieves record backlog and increases guidance for the full year
Stantec Inc (STN)
Last stantec inc earnings: 2/26 06:30 pm
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US:NYSE Investor Relations:
stantec.com/en/investors
Company Research
Source: GlobeNewswire
Q2 2023 Highlights Net revenue of $1.3 billion, an increase of 14.5% over Q2 2022Adjusted EBITDA margin1 of 17.5% (excluding LTIP revaluation)Adjusted diluted EPS1 of $0.99, up 19.3% over Q2 2022Backlog of $6.6 billion, up 11.4% since December 31, 2022Increased full year guidance for 2023 net revenue and adjusted diluted EPS EDMONTON, Alberta and NEW YORK, Aug. 09, 2023 (GLOBE NEWSWIRE) -- Stantec (TSX, NYSE:STN), a global leader in sustainable design and engineering, today reported its results for the three and six month periods ended June 30, 2023. Stantec generated net revenue of $1.3 billion in the second quarter of 2023 on the strength of 11.2% organic growth1. For the sixth consecutive quarter, every regional and business operating unit delivered organic net revenue growth, with notable organic growth achieved in Water (16.2%), Environmental Services (12.1%), and Energy & Resources (12.0%). Adjusted EBITDA margin increased by 20 basis points over Q2 2022 to 16.9%, despite a
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News
- Stantec (NYSE:STN) (TSE:STN) was upgraded by analysts at <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=STN&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">Wall Street Zen<MarketBeat
- Stantec (NYSE:STN) (TSE:STN) was downgraded by analysts at Zacks Research from a "hold" rating to a "strong sell" rating.MarketBeat
- Stantec awarded second phase of European Commission’s Global Technical Assistance Facility for Sustainable EnergyGlobeNewswire
- The most oversold and overbought stocks on the TSX [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- The most oversold and overbought stocks on the TSX [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
STN
Earnings
- 11/13/25 - Beat
STN
Sec Filings
- 12/4/25 - Form 6-K
- 11/5/25 - Form SCHEDULE
- 10/20/25 - Form 6-K
- STN's page on the SEC website