Q4 2020 EPS Estimates for CGI Group, Inc. Boosted by Raymond James (TSE:GIB)

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CGI Group, Inc. (TSE:GIB) – Research analysts at Raymond James raised their Q4 2020 earnings per share estimates for CGI Group in a note issued to investors on Monday, January 20th. Raymond James analyst S. Li now forecasts that the company will post earnings per share of $1.30 for the quarter, up from their prior estimate of $1.29.

CGI Group (TSE:GIB) last released its quarterly earnings data on Wednesday, November 6th. The company reported C$1.21 EPS for the quarter, meeting analysts’ consensus estimates of C$1.21. The company had revenue of C$2.96 billion during the quarter, compared to the consensus estimate of C$2.99 billion.

Separately, Desjardins upgraded CGI Group from a “hold” rating to a “buy” rating in a report on Tuesday, October 8th.

Further Reading: How Do You Calculate Return on Equity (ROE)?

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