CGI, Inc. (NYSE:GIB ) Q2 2025 Earnings Conference Call April 30, 2025 9:00 AM ET Company Participants Kevin Linder - SVP, IR Steve Perron - EVP & CFO François Boulanger - President, CEO & Director Conference Call Participants Stephanie Price - CIBC Richard Tse - National Bank Financial Steven Li - Raymond James Surinder Thind - Jefferies Thanos Moschopoulos - BMO Capital Markets Paul Treiber - RBC Capital Markets Divya Goyal - Scotiabank Robert Young - Canaccord Jerome Dubreuil - Desjardins Operator Good morning, ladies and gentlemen. Welcome to CGI's Second Quarter Fiscal 2025 Conference Call.
CGI Group (GIB) came out with quarterly earnings of $1.48 per share, missing the Zacks Consensus Estimate of $1.50 per share. This compares to earnings of $1.46 per share a year ago.
CGI (GIB) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
CGI Inc. (NYSE:GIB ) Q1 2025 Earnings Conference Call January 29, 2025 9:00 AM ET Company Participants Kevin Linder - Senior Vice President, Investor Relations Francois Boulanger - President and Chief Executive Officer Steve Perron - Executive Vice-President and Chief Financial Officer Conference Call Participants Paul Treiber - RBC Capital Markets Jerome Dubreuil - Desjardins Surinder Thind - Jefferies Divya Goyal - Scotiabank Robert Young - Canaccord Genuity Thanos Moschopoulos - BMO Capital Markets Stephanie Price - CIBC Richard Tse - National Bank Financial Tyler DuPont - Bank of America, U.S Operator Good morning, ladies and gentlemen, and welcome to CGI's First Quarter Fiscal 2025 Conference Call. And I would like to turn the meeting over to Mr.
CGI Group (GIB) came out with quarterly earnings of $1.41 per share, beating the Zacks Consensus Estimate of $1.39 per share. This compares to earnings of $1.34 per share a year ago.
CGI (GIB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Stifel analyst Suthan Sukumar is expanding the firm's Canada IT services coverage, but says that the firm continues to favor CGI as its top pick in IT services given the company's broad end-to-end capabilities as a global system integrator with a differentiated managed services/IP offering. After having surveyed 50 Canadian C-level/senior executives responsible for about $5B in annual IT spending across several industries, the firm reports that 30% of companies surveyed say they plan to accelerate IT spending into 2024 year-end and greater than 75% of companies expect to increase/sustain spend with IT services vendors. The firm has a Buy rating and C$180 price target on CGI shares.
CGI Inc. (NYSE:GIB ) Q4 2024 Earnings Conference Call November 6, 2024 9:00 AM ET Company Participants Kevin Linder - Senior Vice President, Investor Relations Steve Perron - Executive Vice President and Chief Financial Officer Francois Boulanger - President and Chief Executive Officer Conference Call Participants Richard Tse - National Bank Financial Divya Goyal - Scotiabank Jerome Dubreuil - Desjardin Stephanie Price - CIBC Surinder Thind - Jefferies Steven Li - Raymond James Thanos Moschopoulos - BMO Capital Markets Paul Treiber - RBC Capital Markets Robert Young - Canaccord Genuity Suthan Sukumar - Stifel Operator Good morning, ladies and gentlemen. Welcome to the CGI's Fourth Quarter Fiscal 2024 Conference Call.
CGI Group (GIB) came out with quarterly earnings of $1.41 per share, beating the Zacks Consensus Estimate of $1.38 per share. This compares to earnings of $1.33 per share a year ago.
CGI has a strong management team focused on M&A, cost efficiency, and diversified revenue streams, but I rate it a Hold, due to moderate growth potential. The company has proven it can improve its margins even during periods of revenue contraction. This shows strong management and leads me to consider the company a viable long-term holding. Given its valuation, I expect that its stock will only increase by 10% over the next 12 months. I find annual returns higher than this unlikely over the long term.
CGI Group (GIB) secures a five-year deal with NYC to enhance the STARS parking violation system, boosting revenue collection and system efficiency.
CGI Inc is a well-diversified IT consulting company with annual revenues of over $10 billion and over 5,500 clients globally. Q3 2024 results showed revenue slightly below consensus, with a book-to-bill ratio of 1.17x and a backlog of $27.56 billion. The company also announced a new $0.15 quarterly dividend, which represents a yield of 0.4%.