CGI Inc. (GIB) Q4 2024 Earnings Call Transcript
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) Surpasses Q4 Earnings and Revenue Estimates
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 Is A Resilient, Well-Managed Business With Moderate Returns
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) Expands Clientele With The City of New York
CGI Group (GIB) secures a five-year deal with NYC to enhance the STARS parking violation system, boosting revenue collection and system efficiency.
CGI: A New 0.4% Dividend Isn't Enough To Get Me On The Bandwagon
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%.
CGI Inc. (GIB) Q3 2024 Earnings Call Transcript
CGI Inc. (NYSE:GIB ) Q3 2024 Earnings Conference Call July 31, 2024 9:00 AM ET Company Participants Kevin Linder - SVP, IR Steve Perron - EVP & CFO George Schindler - President and CEO Conference Call Participants Daniel Chan - TD Cowen Suthan Sukumar - Stifel Thanos Moschopoulos - BMO Capital Markets Surinder Thind - Jefferies Jerome Dubreuil - Desjardin Stephanie Price - CIBC Paul Treiber - RBC Capital Markets Steven Li - Raymond James Richard Tse - National Bank Financial Divya Goyal - Scotiabank Operator Good morning ladies and gentlemen. Welcome to CGI's Third Quarter Fiscal 2024 Conference Call.
CGI Group (GIB) Q3 Earnings Meet Estimates
CGI Group (GIB) came out with quarterly earnings of $1.40 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $1.34 per share a year ago.
CGI Group (GIB) Earnings Expected to Grow: Should You Buy?
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 Group's (GIB) Expanding Clientele Boosts Growth Prospects
CGI Group (GIB) boosts Los Angeles operations with a streamlined, cloud-based CGI Advantage solution, transforming financial management and procurement efficiency.
Will CGI (GIB) Beat Estimates Again in Its Next Earnings Report?
CGI (GIB) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
CGI Group (GIB) Expands Clientele With the State of Colorado
CGI Group (GIB) is selected by Colorado to modernize payroll operations with CGI Advantage, boosting efficiency and user experience for 33,000 state employees.
CGI (GIB) Aids Portfolio With Celero Credit Union Acquisition
CGI Group (GIB) expands Canadian credit union services with the acquisition of Celero's business, enhancing digital and core banking solutions nationwide.
