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GIB.A CGI News Story

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Canada's CGI Q2 adjusted EPS meets analyst expectations

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

MetricBeat/MissActualConsensus Estimate
Q2 Adjusted EPSMeetC$2.27C$2.27 (9 Analysts)
Q2 EPSC$2.09
Q2 Adjusted Net IncomeSlight Beat*C$483.40 mlnC$479.45 mln (6 Analysts)
Q2 Net IncomeC$444.70 mln
Q2 Adjusted EBITSlight Beat*C$691.60 mlnC$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.)

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