EDMONTON, Alberta (AP) — EDMONTON, Alberta (AP) — Stantec Inc. (STN) on Wednesday reported second-quarter earnings of $97.9 million.
The Edmonton, Alberta-based company said it had profit of 86 cents per share. Earnings, adjusted for non-recurring costs, came to 98 cents per share.
The results matched Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was also for earnings of 98 cents per share.
The engineering firm posted revenue of $1.42 billion in the period. Its adjusted revenue was $1.15 billion, which fell short of Street forecasts. Five analysts surveyed by Zacks expected $1.18 billion.
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