Stantec (NYSE: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.

Earnings

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.

Past Earnings Performance

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:

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).

Guidance

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.