CGI Inc reports results for the quarter ended June 30 - Earnings Summary
CGI Inc reports results for the quarter ended June 30 - Earnings Summary
CGI Inc GIBa.TO reported quarterly adjusted earnings of C$2.29 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of C$2.10. The mean expectation of eleven analysts for the quarter was for earnings of C$2.28 per share. Wall Street expected results to range from C$2.23 to C$2.31 per share.
Revenue rose 2.5% to C$4.19 billion from a year ago; analysts expected C$4.18 billion.
CGI Inc's reported EPS for the quarter was C$2.23.
The company reported quarterly net income of C$465.2 million.
CGI Inc shares had risen by 9.9% this quarter and lost 20.6% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 0.2% in the last three months.
In the last 30 days, three analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 7 "strong buy" or "buy," 5 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the it services & consulting peer group is "buy."
Wall Street's median 12-month price target for CGI Inc is C$117.00, about 13.9% above its last closing price of C$100.71
This summary was machine generated from LSEG data July 29 at 03:37 p.m. UTC. All figures in Canadian dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 2.28 | 2.29 | Beat |
Mar. 31 2026 | 2.27 | 2.27 | Met |
Dec. 31 2025 | 2.12 | 2.12 | Met |
Sep. 30 2025 | 2.10 | 2.13 | Beat |
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CGI Inc reports results for the quarter ended June 30 - Earnings Summary
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