CGI Group FY2025 EPS Raised by National Bank Financial

CGI Group, Inc. (TSE:GIB) – Stock analysts at National Bank Financial boosted their FY2025 earnings per share (EPS) estimates for shares of CGI Group in a report released on Wednesday, January 29th. National Bank Financial analyst R. Tse now expects that the company will post earnings per share of $8.45 for the year, up from their prior forecast of $8.40.

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 analysts’ expectations of C$3.63 billion.

CGI Group Dividend Announcement

The company also recently declared 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.