Q3 2019 Revenue Estimate for CGI Group, Inc. Issued By Desjardins (GIB)

Q3 2019 Revenue Estimate for CGI Group, Inc. Issued By Desjardins (GIB)

CGI Group, Inc. (TSE:GIB) – Analysts at Desjardins boosted their Q3 2019 earnings estimates for CGI Group in a research report issued to clients and investors on Thursday, May 2nd. Desjardins analyst M. Yaghi now expects that the company will earn $1.29 per share for the quarter, up from their previous forecast of $1.27. Desjardins has a “Hold” rating on the stock. Desjardins also issued estimates for CGI Group’s Q4 2019 earnings at $1.27 EPS, FY2019 earnings at $4.84 EPS and FY2020 earnings at $5.51 EPS.

CGI Group (TSE:GIB) last announced its quarterly earnings results on Wednesday, January 30th. The company reported C$1.12 EPS for the quarter, beating the consensus estimate of C$1.10 by C$0.02. The firm had revenue of C$2.96 billion for the quarter, compared to analysts’ expectations of C$2.92 billion.

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