TSX:STNConstruction
Stantec (TSX:STN) Stock Draws Focus To Record Margins And Backlog
Stantec stock closed at CA$102.82, roughly flat over the past week and modestly higher over the past month, even as the company reported one of its cleanest profit stories in years. The headline is margin power. Q2 net revenue reached about CA$1.8b and adjusted earnings per share landed at CA$1.61, while adjusted EBITDA margin hit a record 18.7%.
That mix, solid top line and rising profitability, matters far more for long term holders than a quiet day on the screen. It reflects how Stantec is...