Research Analysts Offer Predictions for CGI Group, Inc.’s FY2024 Earnings (TSE:GIB)

CGI Group, Inc. (TSE:GIBFree Report) – Investment analysts at Stifel Canada dropped their FY2024 earnings per share estimates for shares of CGI Group in a report issued on Wednesday, July 31st. Stifel Canada analyst S. Sukumar now forecasts that the company will post earnings per share of $7.81 for the year, down from their previous estimate of $7.83.

CGI Group (TSE:GIBGet Free Report) last issued its quarterly earnings data on Wednesday, May 1st. The company reported C$1.97 earnings per share for the quarter, meeting analysts’ consensus estimates of C$1.97. The company had revenue of C$3.74 billion for the quarter, compared to the consensus estimate of C$3.81 billion.

Separately, UBS Group raised shares of CGI Group to a “hold” rating in a research report on Friday, July 19th.

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