CGI Inc expected to post earnings of C$1.95 a share - Earnings Preview

CGI

29/04/2024 13:34

* CGI Inc  GIBa.TO   is expected to show a rise in quarterly
revenue when it reports  results on May 1 for the period ending
March 31 2024
    * The Montreal Quebec-based  company is expected to report a
1.8% increase in revenue to $3.783 billion from $3.72 billion a
year ago, according to the mean estimate from 9 analysts, based
on LSEG data. (Sales/Revenue majority is on Total Revenue basis)
    * ​LSEG's mean analyst estimate for CGI Inc is for earnings
of
C$1.95 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for CGI Inc is
C$167.00​, above​ its last closing price of C$140.98. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  1.82        1.82       1.83      Beat    0.6
 Sep. 30 2023  1.77        1.77       1.79      Beat    1.1
 Jan. 1 0001   1.79        1.79       1.80      Beat    0.5​
 Mar. 31 2023  1.72        1.72       1.82      Beat    6
 ​​Dec.        1.60        1.60       1.66      Beat    3.6
 31 2022                                                
 Sep. 30 2022  1.55        1.55       1.56      Beat    0.9​
 Jun. 30 2022  1.54        1.53       1.54      Beat    0.5
 Mar. 31 2022  1.50        1.51       1.54      Beat    2.1
 This summary was machine generated April 29 at 12:34 GMT.  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)