Stantec (NYSE:STN) is gearing up to announce its quarterly earnings on Thursday, 2024-11-07. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Stantec will report an earnings per share (EPS) of $0.90.

Anticipation surrounds Stantec's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Overview of Past Earnings

In the previous earnings release, the company missed EPS by $0.00, leading to a 2.73% drop in the share price the following trading session.

Here's a look at Stantec's past performance and the resulting price change:

Market Performance of Stantec's Stock

Shares of Stantec were trading at $83.43 as of November 04. Over the last 52-week period, shares are up 32.34%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for Stantec visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.