Stantec Inc (NYSE:STN) is reporting third quarter financial results on Wednesday 4th November 2020, after market close.
Previous Quarter Performance
Stantec Inc reported income for the second quarter of $ 0.38 per share, from the revenue of $ 686.03 million. Wall street analysts are predicting, STN to report 2Q20 income of $ 0.35 per share from revenue of $ 693.81 million. The bottom line results beat street analysts by $ 0.03 or 8.57 percent, at the same time, top line results fell short of analysts by $ 7.78 million or 1.12 percent.
Stock Performance
Shares of Stantec Inc traded up $ 0.79 or 2.69 percent on Tuesday, reaching $ 30.14 with volume of 75.30 thousand shares. Stantec Inc has traded high as $ 30.25 and has cracked $ 29.43 on the downward trend
According to the previous trading day, closing price of $ 30.14, representing a 36.96 % increase from the 52 week low of $ 21.43 and a 13.19 % decrease over the 52 week high of $ 33.81.
The company has a market capital of $ 3.32 billion and is part of the Industrials sector and Engineering & Construction industry.
Recent Stock Dividend Announcement
On August 5, 2020, the board of directors authorized quarterly dividend of $ 0.155 per share to holders of record as of the close of business on September 30, 2020, with payment date of October 15, 2020 and ex-dividend date on September 29, 2020.
Stantec Inc. provides professional consulting services in the area of infrastructure and facilities for clients in the public and private sectors in Canada, the United States, and internationally. It operates through three segments: Consulting Services Canada, Consulting Services United States, and Consulting Services Global.
