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Stantec cuts FY 2024 outlook, stock drops to $80.64, but beats Q3 estimates, raises dividend.
Stantec, a professional services company, lowered its FY 2024 earnings and revenue guidance below market expectations, leading to a drop in its stock price to $80.64.
Despite this, Stantec beat Q3 EPS estimates and increased its quarterly dividend to $0.155.
The company's services include infrastructure planning, water resource management, and building design solutions.
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Stantec corta la perspectiva FY 2024, las acciones bajan a $80.64, pero supera las estimaciones del Q3, aumenta el dividendo.