CGI Group FY2025 EPS Estimate Decreased by Raymond James

CGI Group, Inc. (TSE:GIB) – Stock analysts at Raymond James dropped their FY2025 earnings per share estimates for shares of CGI Group in a research note issued on Wednesday, November 6th. Raymond James analyst S. Li now forecasts that the company will post earnings of $8.30 per share for the year, down from their previous estimate of $8.38.

CGI Group (TSE:GIB) last announced its quarterly earnings data on Wednesday, November 6th. The company reported C$1.92 earnings per share (EPS) 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 the consensus estimate of C$3.63 billion.

GIB has been the subject of a number of other reports. Cibc World Mkts raised CGI Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 15th. Sanford C. Bernstein raised CGI Group to a “strong-buy” rating in a research report on Thursday, August 1st. Finally, UBS Group raised CGI Group to a “hold” rating in a research report on Friday, July 19th.

CGI Group Stock Performance

CGI Group Announces Dividend

The business also recently disclosed a dividend, which will be paid on Friday, December 20th. Shareholders of record on Wednesday, November 20th will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Wednesday, November 20th.

CGI Group Company Profile

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.