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Stantec Posts Record Earnings and Forecasts Growth
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Stantec Posts Record Earnings and Forecasts Growth

Stantec (TSE:STN) has released an update.

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Stantec, a global sustainable design and engineering firm, reported a 13.7% increase in net revenue reaching $5.1 billion with an adjusted diluted EPS growth of 17.3% for 2023. The company also announced a 7.7% dividend hike, coupled with the planned retirement of CFO Theresa Jang following a robust year marked by operational excellence. Looking ahead, Stantec is optimistic about 2024, having updated its revenue and earnings targets post the acquisition of Morrison Hershfield.

For further insights into TSE:STN stock, check out TipRanks’ Stock Analysis page.

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