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GIB.A CGI News Story

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CGI Inc reports results for the quarter ended June 30 - Earnings Summary

CGI Inc GIBa.TO reported quarterly adjusted earnings of C$2.10​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of C$1.91.  The mean expectation of twelve analysts for the quarter was for earnings of C$2.08 per share. Wall Street expected results to range from C$1.99  to C$2.13 per share.

Revenue rose 11.4% to C$4.09 billion from a year ago; analysts expected C$4.02 billion.

CGI Inc's reported EPS for the quarter was C$1.82​.

The company reported quarterly net income of C$408.6 million.

CGI Inc shares had fallen by 3.8% this quarter and lost 12.5% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 1.7% in the last three months.​

In the last 30 days, five analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," no "hold" and 3 "sell" or "strong sell." The average consensus recommendation for the it services & consulting peer group is also "buy"

Wall Street's median 12-month price target for CGI Inc is C$178.00, about 22.7% above its last closing price of C$137.55

This summary was machine generated from LSEG data July 30 at 01:30 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20252.082.10Beat
Mar. 31 20252.132.12Missed
Dec. 31 20241.971.97Met
Sep. 30 20241.911.92Beat

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