Recap: Stantec Q1 Earnings

Stantec STN reported its Q1 earnings results on Wednesday, May 11, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Stantec beat estimated earnings by 4.35%, reporting an EPS of $0.48 versus an estimate of $0.46.

Revenue was up $135.04 million from the same period last year.

Last quarter the company missed on EPS by $0.0 which was followed by a 0.55% increase in the share price the next day.

Here's a look at Stantec's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.45	0.54	0.35	0.35
EPS Actual	0.45	0.57	0.50	0.39
Revenue Estimate	727.99M	784.51M	693.81M	693.81M
Revenue Actual	726.73M	740.40M	739.17M	693.73M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Stantec management provided guidance for FY 2022, expecting earnings between $2.33 and $2.41 per share.

To track all earnings releases for Stantec visit their earnings calendar here.

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

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