A Preview Of CGI's Earnings
Portfolio Pulse from Benzinga Insights
CGI (NYSE:GIB) is expected to release its quarterly earnings report on Wednesday, 2024-01-31, with analysts predicting an EPS of $1.36. Investors are looking for an earnings beat and positive guidance for future growth. Last quarter, CGI beat EPS estimates by $0.04, leading to a slight stock increase. Shares are currently trading at $110.5, up 18.28% over the past year, indicating a positive sentiment among long-term shareholders ahead of the earnings release.
January 30, 2024 | 3:00 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
CGI is anticipated to report quarterly earnings with an expected EPS of $1.36. Positive past performance and a previous earnings beat may lead to optimistic investor sentiment.
Given CGI's history of beating EPS estimates and the subsequent positive reaction in its stock price, there is a likelihood of a similar outcome if the company beats estimates again. The stock's recent performance and the importance of guidance for future growth further support a potential positive impact on the stock price in the short term.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100