Desjardins Issues Optimistic Estimate for CGI Group Earnings

CGI Group, Inc. (TSE:GIBFree Report) – Desjardins raised their FY2025 earnings per share (EPS) estimates for shares of CGI Group in a research report issued to clients and investors 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 forecast of $8.33.

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

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CGI Group Stock Performance

CGI Group (TSE:GIBGet Free Report) last announced its earnings results 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 company had revenue of C$3.66 billion for the quarter, compared to analyst estimates of C$3.63 billion.

CGI Group Company Profile

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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.

Further Reading

Earnings History and Estimates for CGI Group (TSE:GIB)

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