WSP Global (WSP) Set to Announce Earnings on Thursday

WSP Global (TSE:WSP) is scheduled to issue its quarterly earnings data after the market closes on Thursday, November 8th. Analysts expect the company to announce earnings of C$1.07 per share for the quarter.

WSP Global (TSE:WSP) last posted its earnings results on Wednesday, August 8th. The company reported C$0.78 EPS for the quarter, missing the consensus estimate of C$0.91 by C($0.13). WSP Global had a return on equity of 9.97% and a net margin of 4.44%. The firm had revenue of C$1.54 billion during the quarter, compared to the consensus estimate of C$1.52 billion.

TSE WSP opened at C$65.72 on Thursday. WSP Global has a 52 week low of C$56.38 and a 52 week high of C$75.42.



The company also recently announced a quarterly dividend, which was paid on Monday, October 15th. Shareholders of record on Monday, October 15th were given a $0.375 dividend. This represents a $1.50 annualized dividend and a yield of 2.28%. The ex-dividend date was Thursday, September 27th.

Several research analysts have commented on WSP shares. Royal Bank of Canada upped their target price on shares of WSP Global from C$71.00 to C$83.00 and gave the stock an “outperform” rating in a research report on Thursday, August 9th. Desjardins upped their target price on shares of WSP Global from C$70.00 to C$74.00 in a research report on Tuesday, July 31st. Raymond James upped their target price on shares of WSP Global from C$75.00 to C$80.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 1st. BMO Capital Markets upped their target price on shares of WSP Global from C$70.00 to C$73.00 in a research report on Thursday, August 9th. Finally, TD Securities upped their target price on shares of WSP Global from C$81.00 to C$82.00 in a research report on Thursday, August 9th. Four research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. WSP Global currently has a consensus rating of “Buy” and a consensus price target of C$74.00.

In other news, insider David Langlois sold 3,000 shares of the stock in a transaction that occurred on Monday, September 24th. The shares were sold at an average price of C$71.55, for a total value of C$214,650.00.

WSP Global Company Profile

WSP Global Inc operates as a professional services company in the United States, Canada, the United Kingdom, Sweden, and internationally. The company's Property & Buildings segment provides technical and management consultancy services, such as structural and mechanical, electrical, and plumbing engineering; and a range of specialist services, including fire engineering, lighting design, vertical transportation, acoustics, intelligent building systems, audiovisual systems, information technology, facade engineering, and green building design.

Further Reading: Insider Trading

Earnings History for WSP Global (TSE:WSP)

Receive News & Ratings for WSP Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WSP Global and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply