Earnings Preview : Q4 2024 Is Shaping Up To Be An Important Quarter For CGI ($GIB)

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The exciting news about CGI (NYSE: GIB) will be shared on Wednesday 6th November 2024. Investors and analysts are eagerly waiting to hear about the company's financial performance for the fourth quarter of 2024. This significant announcement will happen before market open.

In accordance with the predictions of financial analysts on Wall Street, the firm is on track to report an expected per share of $1.37 profit for the quarter. Furthermore, the firm is projected to disclose a total revenue of $2.59 billion for this quarter.

In the same quarter of the previous year, the company's financial statement revealed a per-share income of $1.33. Additionally, the company's overall revenue for that particular period was an impressive $2.61 billion.

Wall Street analysts have revealed their forecasts for the company's annual performance, predicting a total revenue of $10.52 billion. Additionally, they expect the company to report per share profit of $5.46 for the fiscal year.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q3 2024 $1.40 +4.5% 2.68 B -0.5%
Q2 2024 $1.46 +8.1% 2.78 B +1.0%
Q1 2024 $1.34 +8.1% 2.65 B +3.0%
Q4 2023 $1.33 +10.8% 2.61 B +5.0%
Q3 2023 $1.34 +10.7% 2.70 B +5.6%
*Growth on year-over-year basis

 

Additionally, The company will host a conference call with investors and analysts on 6th November 2024 at 09:00 AM eastern time to review the Q4 2024 financial results.

CGI (GIB) shares experienced a range of $110.50 to $111.61 on a day volume of 95.50 thousand shares. The stock closed Friday's regular trading session at $111.45, indicating a 0.67 percent rise.