Overview
Canada IT consulting firm's fiscal Q2 revenue rose 3.3% yr/yr
Adjusted EPS for fiscal Q2 met analyst expectations
Adjusted net income and adjusted EBIT for Q2 slightly beat analyst estimates
Outlook
Company did not provide specific financial guidance for upcoming quarters or the full year
Result Drivers
CLIENT AI INVESTMENT - Co said ongoing client investments in AI and digital transformation supported results
BUSINESS MODEL RESILIENCE - CEO said results reflect resilience of CGI's business model and client relationships
Company press release: ID:nCNWWz9zYa
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Adjusted EPS
Meet
C$2.27
C$2.27 (9 Analysts)
Q2 EPS
C$2.09
Q2 Adjusted Net Income
Slight Beat*
C$483.40 mln
C$479.45 mln (6 Analysts)
Q2 Net Income
C$444.70 mln
Q2 Adjusted EBIT
Slight Beat*
C$691.60 mln
C$690.24 mln (7 Analysts)
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)