Q4 2024 EPS Estimates for CGI Group, Inc. Reduced by Analyst (TSE:GIB)

CGI Group, Inc. (TSE:GIBFree Report) – Investment analysts at Raymond James cut their Q4 2024 EPS estimates for shares of CGI Group in a report issued on Wednesday, July 31st. Raymond James analyst S. Li now anticipates that the company will post earnings of $1.89 per share for the quarter, down from their previous estimate of $1.91. Raymond James also issued estimates for CGI Group’s FY2025 earnings at $8.38 EPS.

A number of other research firms also recently issued reports on GIB. Sanford C. Bernstein upgraded CGI Group to a “strong-buy” rating in a report on Thursday, August 1st. UBS Group raised CGI Group to a “hold” rating in a research report on Friday, July 19th.

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About CGI Group

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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.

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