Stantec Raises Profitability Outlook Following Record Q3 2026 Results
Key Facts
Stantec's net revenue increased by 9.4% to $1.9 billion in the third quarter of 2026. GlobeNewswire reported that the company achieved a record adjusted EBITDA margin of 20.2% during the period, while adjusted EPS reached $1.89, leading the firm to raise its future profitability outlook.
Growth was driven by 5.3% organic expansion and 2.6% growth from acquisitions, alongside operational efficiencies that expanded margins by 120 basis points. Shares of STN closed at $75.5 on November 11, 2026, prior to the release of these results which also included a narrowed annual net revenue growth guidance of 9.0% to 11.0%.
Latest Updates · 1
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Update: The adjusted earnings per share of $1.89 surpassed the analyst consensus estimate of $1.78. This performance beat, reported in the Q3 results on November 12, 2026, supports the company's decision to raise its annual profitability guidance.