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CGI Group (GIB)
NYSE:GIB
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Earnings Data
Report Date
Jan 29, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
1.36Last Year’s EPS
1.26Same Quarter Last Year
Moderate Buy
Based on 12 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 07, 2018
|% Change Since: 3.98%
|Next Earnings Date:Aug 01, 2018
Earnings Call Sentiment|Positive
The earnings call conveyed a generally positive outlook with strong revenue growth, strategic acquisitions, and robust cash flow, despite challenges in specific segments and soft discretionary spending.Company Guidance
During CGI's fourth quarter fiscal 2024 conference call, several key metrics and business highlights were discussed. The company reported $3.7 billion in revenue for Q4, marking a 4.4% increase year-over-year, or 2% when excluding foreign exchange impacts. The strongest performing segments were Northwest and Central East Europe with 7.5% growth, followed by the UK and Australia at 7.2%, and Asia Pacific at 6.2%. The government sector led industry growth at 4.7%, with manufacturing, retail, and distribution at 3.3%. CGI's book-to-bill ratio was 104% for Q4, with managed services particularly strong at 120%. The global backlog stood at $28.7 billion, equivalent to 1.9 times revenue. Profitability was robust, with earnings before income taxes at $592 million, representing a 16.2% margin. Adjusted EBIT was $600 million at a 16.4% margin, and net earnings were $436 million with a margin of 11.9%. The company also generated $629 million in cash from operating activities, and day sales outstanding improved to 41 days. CGI's capital allocation included $82 million for business investment, $492 million for acquisitions, and $49 million for stock repurchases. Looking ahead, CGI plans to continue investing in AI and managed services, with a strategic focus on mergers and acquisitions to drive growth. The Board approved a $0.15 per share dividend, reflecting continued shareholder value enhancement.Revenue Growth
CGI delivered $3.7 billion in revenue for Q4, up 4.4% year-over-year, or 2% excluding foreign exchange impact.
Segment Performance
Strong performance in Northwest and Central East Europe with 7.5% growth, UK and Australia at 7.2%, Asia Pacific at 6.2%, and US Federal at 5%.
Bookings and Backlog
Q4 bookings were $3.8 billion with a book-to-bill ratio of 104%. Global backlog reached $28.7 billion, reflecting resilience.
Operating Margin Improvement
Earnings before income taxes were $592 million for a margin of 16.2%, up 30 basis points year-over-year.
Strong Cash Flow
Cash provided by operating activities was $629 million, representing 17.2% of total revenue.
Strategic Acquisitions
Completed the acquisition of Aeyon to expand AI-based offerings, and several other strategic mergers.
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GIB Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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GIB Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Jan 29, 2025 | $114.45 | $114.54 | +0.08% |
| Nov 06, 2024 | $112.68 | $112.38 | -0.27% |
| Jul 31, 2024 | $108.61 | $113.86 | +4.83% |
| May 01, 2024 | $101.12 | $99.26 | -1.84% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does CGI Group (GIB) report earnings?
CGI Group (GIB) is schdueled to report earning on Jan 29, 2025, TBA Not Confirmed.
What is CGI Group (GIB) earnings time?
CGI Group (GIB) earnings time is at Jan 29, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GIB EPS forecast?
GIB EPS forecast for the fiscal quarter 2025 (Q1) is 1.36.
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