CGI Inc. (NYSE:GIB) is set to announce third quarter earning results on Wednesday 29th July 2020, before market open.
Previous Quarter Performance
CGI Inc. reported income for the second quarter of $ 0.94 per share, from the revenue of $ 2,336.00 million. The quarterly earnings down 27.59 percent while revenues compared with the same quarter last year.
The consensus estimates are income of $ 0.82 per share from $ 2,260.00 million in revenue. The bottom line results beat street analysts by $ 0.12 or 14.63 percent, at the same time, top line results outshined analysts by $ 76.00 million or 3.36 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of GIB was $ 65.17, representing a 40.70 % increase from the 52 week low of $ 46.32 and a 25.2 % decrease over the 52 week high of $ 87.13.
The company has a market capital of $ 16.82 billion and is part of the Technology sector and Information Technology Services industry.
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Conference Call
CGI Inc. will be hosting a conference call at 9:00 AM eastern time on 29th July 2020, to discuss its 3Q20 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.
