STN Stock Recent News

Stantec Inc. (NYSE:STN ) Q4 2024 Earnings Conference Call February 25, 2025 4:30 PM ET Company Participants Gord Johnston - President and Chief Executive Officer Vito Culmone - Executive Vice President and Chief Financial Officer Conference Call Participants Sabahat Khan - RBC Krista Friesen - CIBC Chris Murray - ATB Capital Markets Frederic Bastien - Raymond James Yuri Lynk - Canaccord Genuity Michael Tupholme - TD Cowen Benoit Poirier - Desjardins Devin Dodge - BMO Capital Markets Maxim Sytchev - NBF Jonathan Goldman - Scotiabank Operator Welcome to Stantec's Fourth Quarter and Full Year 2024 Results Webcast and Conference Call. Leading the call today are Gord Johnston, President and Chief Executive Officer; and Vito Culmone, Executive Vice President and Chief Financial Officer.

Stantec (STN) came out with quarterly earnings of $0.79 per share, beating the Zacks Consensus Estimate of $0.69 per share. This compares to earnings of $0.60 per share a year ago.

The $800M groundwater bank will be the largest new water infrastructure project in the Southwest LOS ANGELES , Feb. 25, 2025 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI) (the "Company" or "Cadiz") announced today that it has entered into an agreement with Stantec Inc. (NYSE: STN), a global leader in sustainable design and engineering, to oversee development and construction of the Mojave Groundwater Bank project, the largest new water storage and supply project being developed in California's Mojave Desert. Once complete, the project will provide 2.5 million acre-feet of new water supply, 1 million acre-feet of underground storage capacity and a pipeline network spanning more than 350 miles between the Colorado River and California Aqueducts.

2024 Highlights Net revenue of $5.9 billion in 2024, an increase of 15.8% over 2023; Adjusted EBITDA1 of $980.3 million, up 18.0% over 2023, and adjusted EBITDA margin1 of 16.7%, a 30-basis point increase over 2023; Strong organic growth of 7.4% for the full year driven by 8.6% organic growth in the US, 6% in Canada, and 5.8% in Global; Operating cash flows increased to $603.1 million, up 16.0% over 2023; Adjusted diluted EPS1 of $4.42, an increase of 20.4% over 2023; Backlog of $7.8 billion, up 24.1% since December 31, 2023, and; Ranked #8 of the most sustainable corporations in the world by Corporate Knights, first among peers. EDMONTON, Alberta and NEW YORK, Feb. 25, 2025 (GLOBE NEWSWIRE) -- TSX, NYSE:STN Stantec, a global leader in sustainable design and engineering, released its results today for the fourth quarter and year ended December 31, 2024.

EDMONTON, Alberta and NEW YORK, Feb. 19, 2025 (GLOBE NEWSWIRE) -- TSX, NYSE:STN Stantec, a global leader in sustainable design and engineering, and its partner Drees & Sommer have been selected for Silicon Box's new €3.2 billion state-of-the-art semiconductor assembly and test facility in Northern Italy. Stantec will provide architecture for the administration areas and infrastructure design including overall permitting services.

EDMONTON, Alberta and NEW YORK, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Stantec, a global leader in sustainable design and engineering, was once again recognized in the top 10 of Corporate Knights' 2025 100 Most Sustainable Corporations in the World—eighth overall and first amongst industry peers. Announced today at the World Economic Forum in Davos, Switzerland, the ranking is based on a rigorous assessment of more than 6,000 publicly traded companies with over US$1 billion in revenue.

A hidden gem in the Industrials sector, Stantec has achieved double-digit growth in revenue, EPS, and EBITDA over the past several years. The company's diversified business model and strategic acquisitions have driven its growth, with a record project backlog of $7.2B as of Q2 2024. Despite its strong financial performance and forward growth potential, Stantec's current valuation is historically elevated, prompting a Hold rating.

The firm will support LADWP's efforts to bolster reliability and enable the large-scale transition to renewable energy in California The firm will support LADWP's efforts to bolster reliability and enable the large-scale transition to renewable energy in California

Stantec Inc. (NYSE:STN ) Q2 2024 Earnings Conference Call August 8, 2024 9:00 AM ET Company Participants Gord Johnston - President and Chief Executive Officer Theresa Jang - Executive Vice President and Chief Financial Officer Conference Call Participants Sabahat Khan - RBC Capital Markets Devin Dodge - BMO Capital Markets Yuri Lynk - Canaccord Genuity Jacob Bout - CIBC World Markets Chris Murray - ATB Capital Markets Sean Jack - Raymond James Limited Benoit Poirier - Desjardins Maxim Sytchev - NBF Ian Gillies - Stifel Operator Good day, standing by. Welcome to Stantec's Second Quarter 2024 Results Webcast and Conference Call.

Stantec (STN) came out with quarterly earnings of $0.82 per share, beating the Zacks Consensus Estimate of $0.81 per share. This compares to earnings of $0.74 per share a year ago.