CGI Q3 Adj $1.40 Beats $1.38 Estimate, Sales $2.68B Beat $2.67B Estimate
Portfolio Pulse from Benzinga Newsdesk
CGI (NYSE:GIB) reported Q3 earnings of $1.40 per share, beating the analyst estimate of $1.38. Sales were $2.68 billion, slightly above the $2.67 billion estimate. Earnings increased by 4.48% year-over-year, while sales decreased by 0.48%.
July 31, 2024 | 10:35 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
CGI reported Q3 earnings of $1.40 per share, beating the analyst estimate of $1.38. Sales were $2.68 billion, slightly above the $2.67 billion estimate. Earnings increased by 4.48% year-over-year, while sales decreased by 0.48%.
CGI's earnings and sales both beat analyst estimates, which is generally positive for the stock price. The year-over-year increase in earnings further supports a positive outlook, despite a slight decrease in sales.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100