Stifel Canada Forecasts Reduced Earnings for CGI Group

CGI Group, Inc. (TSE:GIBFree Report) – Analysts at Stifel Canada dropped their FY2025 EPS estimates for CGI Group in a research report issued on Wednesday, October 30th. Stifel Canada analyst S. Sukumar now expects that the company will post earnings of $8.52 per share for the year, down from their previous forecast of $8.79.

Several other equities analysts have also recently issued reports on GIB. Cibc World Mkts upgraded CGI Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 15th. Sanford C. Bernstein raised CGI Group to a “strong-buy” rating in a report on Thursday, August 1st. Finally, UBS Group raised CGI Group to a “hold” rating in a report on Friday, July 19th.

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CGI Group Company Profile

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CGI Inc, together with its subsidiaries, provides information technology (IT) and business process services in Canada; Western, Southern, Central, and Eastern Europe; Australia; Scandinavia; Finland, Poland, and Baltics; the United States; the United Kingdom; and the Asia Pacific. Its services include the management of IT and business outsourcing, systems integration and consulting, and software solutions selling activities.

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Earnings History and Estimates for CGI Group (TSE:GIB)

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