CGI Group FY2025 EPS Estimate Decreased by Raymond James

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

CGI Group (TSE:GIB) last posted its quarterly earnings data 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 during the quarter, compared to analyst estimates of C$3.63 billion.

Several other equities research analysts also recently issued reports on GIB. Sanford C. Bernstein upgraded CGI Group to a “strong-buy” rating in a research report on Thursday, August 1st. Cibc World Mkts raised CGI Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 15th. Finally, UBS Group raised CGI Group to a “hold” rating in a research note on Friday, July 19th.

CGI Group Price Performance

CGI Group Dividend Announcement

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