Equity Profile

STN

Stantec Inc.

IndustrialsConstruction & Engineering$8.3B

Aug14Fri

Pre-Earnings Brief

UpcomingQ2-2026After Close5:00 PM EDT

Company Snapshot

Stantec Inc. is a leading company in the construction and engineering sector, focusing on design, consulting, and project management services....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of the company's profitability and financial health, which investors closely monitor.

$0.97

Revenue Growth

Revenue growth reflects the company's ability to secure new projects and expand its market presence, impacting future earnings.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

STN Q2-2026 Earnings Preview

Context

Company Snapshot

Stantec Inc. is a leading company in the construction and engineering sector, focusing on design, consulting, and project management services. With a market cap of $8 billion, it plays a crucial role in infrastructure development, which is vital for economic growth and urban planning.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

75%

Avg EPS Surprise

+3.51%

Avg Stock Reaction

+0.28%

Last Quarter Recap

In Q1-2026, Stantec reported an EPS of $0.97, slightly beating estimates by 2.22%. However, the stock fell by 6.46% the following day, indicating market concerns despite the earnings beat.

Management Promises & Guidance

Continued focus on expanding service offerings in sustainable infrastructure.
Commitment to maintaining strong project execution and client satisfaction.
Plans to enhance operational efficiency and cost management.

Expectations

Wall Street Expectations

Overall, investors are cautiously optimistic about Stantec's upcoming earnings, especially given its recent performance and the potential for revenue growth in infrastructure projects.

Bull Case

If Stantec beats EPS estimates and shows strong revenue growth, it could signal robust demand for its services, leading to a positive market reaction.

Bear Case

Conversely, if the company fails to meet expectations or provides weak guidance on future projects, it could lead to a decline in stock price, reflecting investor concerns.

Key Metrics to Watch

Earnings Per Share (EPS)

$0.97

EPS is a key indicator of the company's profitability and financial health, which investors closely monitor.

Revenue Growth

N/A

Revenue growth reflects the company's ability to secure new projects and expand its market presence, impacting future earnings.

Project Backlog

N/A

A strong project backlog indicates future revenue potential and operational stability, which is crucial for investors.

Expectations

Two Questions That Matter

The print will turn on these two things.

What is the projected project backlog for the next quarter?

A strong backlog is crucial for future revenue and indicates the company's ability to secure new contracts, which investors will closely watch.

How does management plan to address rising costs in project execution?

With inflation and rising material costs, investors need clarity on how Stantec will maintain margins and profitability moving forward.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating Stantec's ability to capitalize on infrastructure spending, which could lead to stronger-than-expected revenue growth this quarter.

Supporting Evidence

Stantec's recent project wins indicate a robust demand for its services, which may not be fully reflected in current estimates.

Options pricing suggests a larger potential move than historical averages, indicating market uncertainty that could favor a positive surprise.

Key Risk

If project backlog exceeds expectations, it could significantly shift market sentiment toward a more bullish outlook.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is debating whether Stantec can sustain its growth amid rising costs and competition in the construction sector.

Bull Confirmed If

An EPS of $1.00 or higher would confirm strong operational performance and market demand.

Bear Confirmed If

An EPS below $0.90 would raise concerns about profitability and project execution.

Pre-Earnings Positioning

Options Market

Implied Move

±10.77%

Historical Avg

±3.0%

Pricing rich

The options market is pricing in a significant move, suggesting that traders expect notable volatility around the earnings announcement.

Options are pricing ±10.8% while STN has averaged ±3.0% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.4%

30d HV

40.0%

Calls (300)P/C Ratio: 0.50Puts (0)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Industrials

n=30

Fade rate: 6 of 24 (25%)

This setup has occurred 30 times across Industrials in the last 2 years. 18 of 24 (75%) held or extended their move within 5 days — this setup typically holds direction. The average absolute 1-day move is 4.6%, with a raw directional average of +2.1% (modestly positive historical bias).

Edge

Institutional Ownership

Smart-money positioning from the most recent 13F filings.

Top holders adding

Institutional

79.71%

of float

Insider

0.07%

of float

Holders

586

institutions

Top Holders· as of Dec 2025

Vanguard Group Inc
4,966,062 sh · $443.6M
4.35%
1.9%

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Stantec beats expectations, history suggests a potential stock increase of around 1.02%, confirming positive market sentiment.

In-Line / Cautious

If results are in line with expectations but management provides cautious guidance, the stock may experience muted movement as investors reassess future growth.

Miss

If Stantec misses EPS expectations, history suggests a potential decline of about 1.95%, reflecting investor disappointment.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Updates on new project wins and contract awards.
2Any commentary on cost management strategies and their impact on margins.
3Insights into the competitive landscape and how Stantec is positioning itself.
4Details on sustainability initiatives and their influence on future projects.
5Management's outlook on the infrastructure market and expected growth areas.

See the full picture

AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

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Company Snapshot

Stantec Inc. is a leading company in the construction and engineering sector, focusing on design, consulting, and project management services....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of the company's profitability and financial health, which investors closely monitor.

$0.97

Revenue Growth

Revenue growth reflects the company's ability to secure new projects and expand its market presence, impacting future earnings.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

STN Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

75%

Avg EPS Surprise

+3.51%

Avg Stock Reaction

+0.28%

Last Quarter Recap

In Q1-2026, Stantec reported an EPS of $0.97, slightly beating estimates by 2.22%. However, the stock fell by 6.46% the following day, indicating market concerns despite the earnings beat.

Management Promises & Guidance

Continued focus on expanding service offerings in sustainable infrastructure.
Commitment to maintaining strong project execution and client satisfaction.
Plans to enhance operational efficiency and cost management.

Expectations

Wall Street Expectations

Overall, investors are cautiously optimistic about Stantec's upcoming earnings, especially given its recent performance and the potential for revenue growth in infrastructure projects.

Bull Case

If Stantec beats EPS estimates and shows strong revenue growth, it could signal robust demand for its services, leading to a positive market reaction.

Bear Case

Conversely, if the company fails to meet expectations or provides weak guidance on future projects, it could lead to a decline in stock price, reflecting investor concerns.

Key Metrics to Watch

Earnings Per Share (EPS)

$0.97

EPS is a key indicator of the company's profitability and financial health, which investors closely monitor.

Revenue Growth

N/A

Revenue growth reflects the company's ability to secure new projects and expand its market presence, impacting future earnings.

Project Backlog

N/A

A strong project backlog indicates future revenue potential and operational stability, which is crucial for investors.

Expectations

Two Questions That Matter

The print will turn on these two things.

What is the projected project backlog for the next quarter?

A strong backlog is crucial for future revenue and indicates the company's ability to secure new contracts, which investors will closely watch.

How does management plan to address rising costs in project execution?

With inflation and rising material costs, investors need clarity on how Stantec will maintain margins and profitability moving forward.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating Stantec's ability to capitalize on infrastructure spending, which could lead to stronger-than-expected revenue growth this quarter.

Supporting Evidence

Stantec's recent project wins indicate a robust demand for its services, which may not be fully reflected in current estimates.

Options pricing suggests a larger potential move than historical averages, indicating market uncertainty that could favor a positive surprise.

Key Risk

If project backlog exceeds expectations, it could significantly shift market sentiment toward a more bullish outlook.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is debating whether Stantec can sustain its growth amid rising costs and competition in the construction sector.

Bull Confirmed If

An EPS of $1.00 or higher would confirm strong operational performance and market demand.

Bear Confirmed If

An EPS below $0.90 would raise concerns about profitability and project execution.

Pre-Earnings Positioning

Options Market

Implied Move

±10.77%

Historical Avg

±3.0%

Pricing rich

The options market is pricing in a significant move, suggesting that traders expect notable volatility around the earnings announcement.

Options are pricing ±10.8% while STN has averaged ±3.0% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.4%

30d HV

40.0%

Calls (300)P/C Ratio: 0.50Puts (0)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Industrials

n=30

Fade rate: 6 of 24 (25%)

Edge

Institutional Ownership

Smart-money positioning from the most recent 13F filings.

Top holders adding

Institutional

79.71%

of float

Insider

0.07%

of float

Holders

586

institutions

Top Holders· as of Dec 2025

Vanguard Group Inc
4,966,062 sh · $443.6M
4.35%
1.9%

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Stantec beats expectations, history suggests a potential stock increase of around 1.02%, confirming positive market sentiment.

In-Line / Cautious

If results are in line with expectations but management provides cautious guidance, the stock may experience muted movement as investors reassess future growth.

Miss

If Stantec misses EPS expectations, history suggests a potential decline of about 1.95%, reflecting investor disappointment.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Updates on new project wins and contract awards.
2Any commentary on cost management strategies and their impact on margins.
3Insights into the competitive landscape and how Stantec is positioning itself.
4Details on sustainability initiatives and their influence on future projects.
5Management's outlook on the infrastructure market and expected growth areas.