The engineering firm reported first-quarter results exceeding analyst expectations by $0.39 per share and $450M in revenue.
Stantec posted first-quarter non-GAAP earnings of $1.33 per share, surpassing estimates by $0.39. Revenue reached $1.7 billion, up 9.7% year-over-year and $450 million above projections.
The company’s performance reflects stronger-than-expected demand in its core markets. Prior-year Q1 revenue stood at $1.55 billion, with earnings of $1.08 per share.
Stantec also outlined 2026 financial targets in its 2025 annual report, though no immediate market reaction was detailed.