Stantec Raises Full-Year Adjusted EPS Outlook; Shares Rise 14%
Stantec raised its adjusted earnings outlook and reported higher third-quarter profit and revenue. Shares rose 14%.
By Natalie WegerShares of Stantec rose after the company raised its adjusted earnings outlook and posted higher profit and revenue in the third quarter.Shares rose 14% to $122.85 Canadian dollars, or about $85 in U.S. dollars. The stock is down 5.4% year to date.The engineering consulting company l…