CGI Inc. (NYSE:GIB) is reporting fourth quarter financial results on Wednesday 11th November 2020, before market open.
Previous Quarter Performance
CGI Inc. announced income for the third quarter of $ 0.85 per share, from the revenue of $ 2,202.00 million. The consensus estimates are income of $ 0.82 per share from $ 2260.00 million in revenue. The bottom line results beat street analysts by $ 0.03 or 3.66 percent, at the same time, top line results fell short of analysts by $ 58 million or 2.57 percent.
Stock Performance
Shares of CGI Inc. traded low $ -0.88 or -1.26 percent on Tuesday, reaching $ 68.73 with volume of 256.20 thousand shares. CGI Inc. has traded high as $ 69.73 and has cracked $ 68.56 on the downward trend
The closing price of $ 68.73, representing a 50.28 % increase from the 52 week low of $ 46.32 and a 20.11 % decrease over the 52 week high of $ 87.13.
The company has a market capital of $ 17.65 billion and is part of the Technology sector and Information Technology Services industry.
Conference Call
CGI Inc. will be hosting a conference call at 9:00 AM eastern time on 11th November 2020, to discuss its 4Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.cgi.com
CGI Inc., together with its subsidiaries, provides information technology (IT) and business process services in Canada, Northern Europe, France, the United States, the United Kingdom, Europe, and the Asia Pacific. Its services include the management of IT and business outsourcing, systems integration and consulting, and software solutions selling activities. The company also offers application development, management, testing, portfolio management, and modernization services; business consulting, including agile, business transformation, change management, CIO advisory, cybersecurity, data analytics, digital enterprise, project management, and industry-specific services; and a suite of business process services designed to address the needs of specific industries, as well as IT infrastructure consulting, solutions, and services.
