Stantec Inc. (STN) to Release Quarterly Earnings on Thursday
Stantec Inc. (NYSE:STN) (TSE:STN) is scheduled to be issuing its quarterly earnings data before the market opens on Thursday, November 9th. Analysts expect the company to announce earnings of $0.45 per share for the quarter.
Stantec (NYSE:STN) (TSE:STN) last released its quarterly earnings data on Wednesday, August 9th. The business services provider reported $0.38 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.35 by $0.03. The business had revenue of $891.49 million during the quarter, compared to analyst estimates of $902.78 million. Stantec had a return on equity of 10.67% and a net margin of 2.31%. The company’s revenue was up 14.7% on a year-over-year basis. During the same quarter last year, the business posted $0.37 EPS. On average, analysts expect Stantec to post $1.56 EPS for the current fiscal year and $1.84 EPS for the next fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Thursday, October 12th. Stockholders of record on Friday, September 29th were paid a dividend of $0.10 per share. This is an increase from Stantec’s previous quarterly dividend of $0.09. The ex-dividend date was Thursday, September 28th. This represents a $0.40 annualized dividend and a dividend yield of 1.40%. Stantec’s dividend payout ratio is 51.28%.
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Stantec Inc is a provider of professional services in the area of infrastructure and facilities for clients in the public and private sectors. The Company’s operates through four segments Consulting Services-Canada, Consulting Services-United States, Consulting Services-Global and Construction Services.
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