NewzEDMONTON, Alberta (AP) — EDMONTON, Alberta (AP) — Stantec Inc. (STN) on Wednesday reported second-quarter net income of $108.6 million. On a per-share basis, the Edmonton, Alberta-based company said it had profit of 95 cents.
Earnings, adjusted for non-recurring costs, came to $1.16 per share. The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.15 per share.
The engineering firm posted revenue of $1.61 billion in the period. Its adjusted revenue was $1.29 billion, which missed Street forecasts. Four analysts surveyed by Zacks expected $1.3 billion.
_____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on STN at https://www.zacks.com/ap/STN Source SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — Andersen Group Inc.
(ANDG) on Wednesday reported a loss of $1 million in its second quarter. The San Francisco-based company said it had a loss of 9 cents per share. Earnings, adjusted for one-time gains and costs, were $2.93 per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 13 cents per share. The financial advisory firm posted revenue of $217.7 million in the period, also beating Street forecasts.
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