SNCAF - SNC Lavalin beats on revenue; outlook
SNC Lavalin (SNCAF): Q4 Non-GAAP EPS of -$1.53; GAAP EPS of -$1.84.Revenue of $1.7B (-13.7% Y/Y) beats by $190M.FY2021 guidance: SNCL Engineering Services revenue to increase by a low single digit percentage, compared to 2020, and for its Segment adjusted EBIT to revenue ratio to be between 8%-10% for the same period.Q1 2021 guidance: As COVID-19 did not significantly impact SNCL Engineering Services in Q1 2020, it is expected that its revenue for Q1 2021, compared to Q1 2020, would decrease by a low single digit percentage.Press Release
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SNC Lavalin beats on revenue; outlook