What is Scotiabank’s Estimate for CGI Group FY2025 Earnings?

CGI Group, Inc. (TSE:GIB) – Research analysts at Scotiabank raised their FY2025 earnings estimates for shares of CGI Group in a note issued to investors on Wednesday, January 8th. Scotiabank analyst D. Goyal now anticipates that the company will earn $8.33 per share for the year, up from their prior estimate of $8.21. Scotiabank also issued estimates for CGI Group’s FY2026 earnings at $8.81 EPS.

CGI Group (TSE:GIB) last issued its quarterly earnings results on Wednesday, November 6th. The company reported C$1.92 earnings per share (EPS) for the quarter, missing the consensus estimate of C$2.04 by C($0.12). The firm had revenue of C$3.66 billion during the quarter, compared to the consensus estimate of C$3.63 billion.

Separately, Cibc World Mkts upgraded shares of CGI Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 15th.

CGI Group Price Performance

CGI Group Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Wednesday, November 20th were paid a dividend of $0.15 per share. The ex-dividend date was Wednesday, November 20th.

CGI Group Company Profile

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.