Brokers Set Expectations for GDI Integrated Facility Services Inc.’s Q1 2023 Earnings (TSE:GDI)

GDI Integrated Facility Services Inc. (TSE:GDI – Get Rating) – Equities researchers at Desjardins issued their Q1 2023 earnings per share estimates for shares of GDI Integrated Facility Services in a research report issued on Thursday, March 2nd. Desjardins analyst F. Tremblay anticipates that the company will post earnings per share of $0.22 for the quarter. The consensus estimate for GDI Integrated Facility Services’ current full-year earnings is $1.76 per share. Desjardins also issued estimates for GDI Integrated Facility Services’ Q2 2023 earnings at $0.34 EPS, Q3 2023 earnings at $0.48 EPS, Q4 2023 earnings at $0.55 EPS and FY2023 earnings at $1.59 EPS.

A number of other analysts also recently commented on the company. Scotiabank raised their price objective on GDI Integrated Facility Services from C$53.50 to C$54.00 in a research report on Friday. National Bankshares increased their target price on GDI Integrated Facility Services from C$55.50 to C$56.00 in a report on Friday, November 11th. Finally, CIBC dropped their target price on GDI Integrated Facility Services from C$62.00 to C$60.00 and set an “outperform” rating for the company in a report on Friday.

GDI Integrated Facility Services Price Performance

Shares of GDI stock opened at C$47.00 on Monday. The stock has a 50 day moving average of C$46.87 and a two-hundred day moving average of C$46.54. The company has a current ratio of 1.53, a quick ratio of 1.44 and a debt-to-equity ratio of 90.66. GDI Integrated Facility Services has a 12 month low of C$41.00 and a 12 month high of C$56.75. The company has a market capitalization of C$689.49 million, a P/E ratio of 32.19 and a beta of 0.98.

GDI Integrated Facility Services (TSE:GDI – Get Rating) last announced its quarterly earnings data on Wednesday, March 1st. The company reported C$0.40 EPS for the quarter, missing analysts’ consensus estimates of C$0.52 by C($0.12). GDI Integrated Facility Services had a return on equity of 8.67% and a net margin of 1.66%. The firm had revenue of C$588.00 million during the quarter, compared to the consensus estimate of C$567.67 million.

GDI Integrated Facility Services Company Profile

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GDI Integrated Facility Services Inc operates in the outsourced facility services industry. The company operates through Janitorial Canada, Janitorial USA, and Technical services segments. It offers janitorial services, such as cleaning floors, dusting desks and tables, vacuuming carpets, sanitizing kitchens and washrooms, watering plants, cleaning exterior and interior parking facilities, and removal of garbage, as well as other services, including stripping and waxing floors, carpet cleaning, heavy dust cleaning, and window cleaning.