STN posts record Q3 adjusted EBITDA margin and $9.2B backlog
STN reported higher third-quarter revenue and adjusted earnings and raised its 2026 margin and EPS targets, citing strong execution and demand.
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what happened
According to TradingView, STN reported higher third-quarter revenue and adjusted earnings. Its adjusted EBITDA margin reached a record 20.2%. The company raised its 2026 margin and EPS targets, which it attributed to strong execution and demand. Its backlog stood at $9.2 billion.
why it matters
A record margin and a large backlog improve visibility on future revenue, so investors usually watch closely when forecasts are revised. For STN shares, the key questions remain whether margins hold and how new orders develop in coming quarters.
market impact
STN shares: raised 2026 margin and EPS targets support market expectations
- STN shares pressure up — raised 2026 margin and EPS targets improve expectations for earnings growth
tags
instruments
sources
- STN: Record Q3 adjusted EBITDA margin and a $9.2B backlog underpin higher 2026 targets — TradingView, 12 November 2026 at 22:17 UTC
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