Analysts Set Expectations for CGI Group FY2025 Earnings

CGI Group, Inc. (TSE:GIBFree Report) – Research analysts at Raymond James lowered their FY2025 earnings per share (EPS) estimates for CGI Group in a note issued to investors on Wednesday, November 6th. Raymond James analyst S. Li now anticipates that the company will post earnings of $8.30 per share for the year, down from their previous forecast of $8.38.

Several other brokerages also recently weighed in on GIB. UBS Group raised shares of CGI Group to a “hold” rating in a report on Friday, July 19th. Sanford C. Bernstein upgraded CGI Group to a “strong-buy” rating in a report on Thursday, August 1st. Finally, Cibc World Mkts upgraded CGI Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 15th.

Check Out Our Latest Stock Report on CGI Group

CGI Group Price Performance

CGI Group (TSE:GIBGet Free Report) last posted its quarterly earnings data on Wednesday, November 6th. The company reported C$1.92 EPS for the quarter, missing analysts’ consensus estimates of C$2.04 by C($0.12). The company had revenue of C$3.66 billion during the quarter, compared to the consensus estimate of C$3.63 billion.

CGI Group Dividend Announcement

The business also recently announced a dividend, which will be paid on Friday, December 20th. Shareholders of record on Wednesday, November 20th will be given a dividend of $0.15 per share. The ex-dividend date is Wednesday, November 20th.

About CGI Group

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CGI Inc, together with its subsidiaries, provides information technology (IT) and business process services in Canada; Western, Southern, Central, and Eastern Europe; Australia; Scandinavia; Finland, Poland, and Baltics; the United States; the United Kingdom; and the Asia Pacific. Its services include the management of IT and business outsourcing, systems integration and consulting, and software solutions selling activities.

See Also

Earnings History and Estimates for CGI Group (TSE:GIB)

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