Stantec’s earnings just jumped 33.9%

Stantec’s earnings just jumped 33.9%

Improved sales derived from past acquisitions helped generate a 22.9% revenue gain for this company during the most-recent quarter.

New contract wins should continue to add to the bottom line. Meanwhile, the stock trades at 21.0 times the company’s 2022 earnings forecast.

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STANTEC INC. (Toronto symbol STN;… Read More

Legacy losses continue to weigh on SNC

These two engineering firms continue to benefit as governments and businesses plan new infrastructure and other projects on easing of the COVID-19 pandemic. Still, Stantec remains the better choice for your new buying as SNC continues to wind down its unprofitable legacy projects.
STANTEC INC. $62… Read More

Earnings just jumped 22% at Stantec Inc.

Earnings just jumped 22% at Stantec Inc.

Improved sales from recent acquisitions led to a 19.5% jump in revenue for this company during the most-recent quarter.

This engineering firm mainly focuses on designing and consulting services. That cuts its risk exposure to expensive cost overruns including those associated with unprofitable legacy projects.

Meanwhile, the… Read More