FY2025 EPS Estimates for CGI Group Raised by Analyst

CGI Group, Inc. (TSE:GIB) – Equities research analysts at National Bank Financial upped their FY2025 earnings per share (EPS) estimates for CGI Group in a research note issued on Wednesday, January 29th. National Bank Financial analyst R. Tse now expects that the company will earn $8.45 per share for the year, up from their previous estimate of $8.40.

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

CGI Group Price Performance

CGI Group (TSE:GIB) last released its quarterly earnings data on Wednesday, November 6th. The company reported C$1.92 EPS for the quarter, missing the consensus estimate of C$2.04 by C($0.12). The business 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 was paid on Friday, December 20th. Shareholders of record on Wednesday, November 20th were given a dividend of $0.15 per share. The ex-dividend date was Wednesday, November 20th.

About CGI Group

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.