FY2025 Earnings Estimate for CGI Group Issued By Desjardins

CGI Group, Inc. (TSE:GIB) – Research analysts at Desjardins boosted their FY2025 earnings per share estimates for CGI Group in a research report issued on Thursday, January 30th. Desjardins analyst J. Dubreuil now anticipates that the company will earn $8.54 per share for the year, up from their prior estimate of $8.33.

Separately, Cibc World Mkts raised 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 (TSE:GIB) last posted its quarterly earnings data on Wednesday, November 6th. The company reported C$1.92 earnings per share for the quarter, missing analysts’ consensus estimates of C$2.04 by C($0.12). The firm had revenue of C$3.66 billion during the quarter, compared to analyst estimates of C$3.63 billion.

CGI Group Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Wednesday, November 20th were issued a $0.15 dividend. 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.