Q: These 3 companies: STN; WSP; TOI reported year end and quarterly financials today. I'd be interested on your thoughts regarding the results for each and going forward. Three questions in one. Deduct as many credits/ points as needed. Thanks.
Robert
Robert
5i Research Answer:
TOI comments are posted now.
WSP EPS of $2.65 beat estimates of $2.61; revenue of $3.67B beat estimates of $3.63B. EBITDA of $694M matched. Income rose 15% but sales only 4%. 2026 sales forecast is solid at $16b to $17B, with 4%+ organic growth. Backlog is $17B. We are quite comfortable here.
STN EPS of $1.25 beat estimates of $1.22; revenue of $1.64B matched estimates. EBITDA of $283M was 4% better than estimates. Guidance was largely in line, though sales guidance range was a bit on the low side vs estimate. Still, sales guidance calls for 9% growth and EPS for 15%+ growth. The dividend was raised 9%. Backlog is $8.6B.