CGI (GIB) Scheduled to Post Earnings on Wednesday

CGI (NYSE:GIB) (TSE:GIB.A) will be posting its quarterly earnings results before the market opens on Wednesday, May 1st. Analysts expect CGI to post earnings of $1.45 per share for the quarter.

CGI (NYSE:GIB) (TSE:GIB.A) last posted its quarterly earnings data on Wednesday, January 31st. The technology company reported $1.34 EPS for the quarter, beating the consensus estimate of $1.31 by $0.03. CGI had a return on equity of 20.65% and a net margin of 11.34%. The business had revenue of $2.65 billion for the quarter, compared to the consensus estimate of $2.59 billion. On average, analysts expect CGI to post $6 EPS for the current fiscal year and $6 EPS for the next fiscal year.

CGI Price Performance

CGI stock opened at $105.33 on Wednesday. CGI has a 12 month low of $93.07 and a 12 month high of $118.89. The company has a current ratio of 1.11, a quick ratio of 0.86 and a debt-to-equity ratio of 0.22. The business’s 50 day simple moving average is $111.73 and its 200 day simple moving average is $106.83. The company has a market cap of $24.47 billion, a price-to-earnings ratio of 20.53, a PEG ratio of 2.28 and a beta of 0.92.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded CGI from a “buy” rating to a “hold” rating in a research report on Monday, March 11th.

CGI Company Profile

CGI Inc, together with its subsidiaries, provides information technology (IT) and business process services. Its services include the business and strategic IT consulting, systems integration, and software solutions. The company also provides application development, modernization and maintenance, holistic enterprise digitization, automation, hybrid and cloud management, and business process services; intellectual property-based solutions; business consulting; managed IT services; and IT infrastructure services.