CGI (GIB) to Release Quarterly Earnings on Wednesday

CGI (NYSE:GIB) (TSE:GIB.A) will be issuing its quarterly earnings data before the market opens on Wednesday, May 1st. Analysts expect the company to announce earnings of $1.45 per share for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

CGI (NYSE:GIB) (TSE:GIB.A) last posted its quarterly earnings results on Wednesday, January 31st. The technology company reported $1.34 EPS for the quarter, topping analysts’ consensus estimates of $1.31 by $0.03. CGI had a return on equity of 20.65% and a net margin of 11.34%. The business had revenue of $2.65 billion during the quarter, compared to analysts’ expectations of $2.59 billion. On average, analysts expect CGI to post $6 EPS for the current fiscal year and $6 EPS for the next fiscal year.

CGI Stock Performance

CGI stock opened at $103.14 on Monday. CGI has a 52 week low of $93.07 and a 52 week high of $118.89. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.86 and a current ratio of 1.11. The stock has a market capitalization of $23.96 billion, a P/E ratio of 20.11, a PEG ratio of 2.26 and a beta of 0.92. The stock has a 50-day simple moving average of $111.07 and a 200 day simple moving average of $106.90.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded shares of CGI from a “buy” rating to a “hold” rating in a research report on Monday, March 11th.

CGI Company Profile

CGI Inc, together with its subsidiaries, provides information technology (IT) and business process services. Its services include the business and strategic IT consulting, systems integration, and software solutions. The company also provides application development, modernization and maintenance, holistic enterprise digitization, automation, hybrid and cloud management, and business process services; intellectual property-based solutions; business consulting; managed IT services; and IT infrastructure services.