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MarketScreener Homepage  >  Equities  >  Toronto Stock Exchange  >  CGI Inc.    GIB.A   CA12532H1047

CGI INC.

(GIB.A)
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CGI : reports fourth-quarter profit down from year ago, revenue edged lower

11/11/2020 | 07:41am EST

MONTREALCGI Inc. reported its fourth-quarter profit fell more than 20 per cent compared with a year ago as it was hit by a restructuring charge.

The business and technology consulting firm says it earned $251.9 million or 96 cents per diluted share for the quarter ended Sept. 30 compared with a profit of $324.1 million or $1.19 per diluted share a year ago.

CGI says the drop was primarily due to a one-time restructuring cost of $84.3 million in the most recent quarter.

Revenue for the final quarter of the company's 2020 financial year amounted to nearly $2.93 billion, down from nearly $2.96 billion in the same quarter last year.

Excluding acquisition-related, integration and restructuring costs, CGI says it earned $318.4 million or $1.22 per diluted share compared with a profit of $329.5 million or $1.21 per diluted share a year ago when it had more shares outstanding.

Analysts on average had expected an adjusted profit of $1.17 per share and $2.98 billion in revenue, according to financial data firm Refinitiv.

This report by The Canadian Press was first published Nov. 11, 2020.

Companies in this story: (TSX:GIB.A)

© 2020 The Canadian Press. All rights reserved., source Canadian Press DataFile

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Financials
Sales 2021 12 433 M 9 757 M 9 757 M
Net income 2021 1 329 M 1 043 M 1 043 M
Net Debt 2021 1 414 M 1 110 M 1 110 M
P/E ratio 2021 19,4x
Yield 2021 -
Capitalization 25 358 M 19 912 M 19 901 M
EV / Sales 2021 2,15x
EV / Sales 2022 2,00x
Nbr of Employees 77 500
Free-Float 87,5%
Chart CGI INC.
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CGI Inc. Technical Analysis Chart | GIB.A | CA12532H1047 | MarketScreener
Technical analysis trends CGI INC.
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 17
Average target price 102,22 CAD
Last Close Price 99,32 CAD
Spread / Highest target 15,8%
Spread / Average Target 2,92%
Spread / Lowest Target -26,5%
EPS Revisions
Managers and Directors
NameTitle
George D. Schindler Co-President, Chief Executive Officer & Director
Jean-Michel Baticle Co-President & Chief Operating Officer
Serge Godin Co-Executive Chairman
Julie Godin Co-Chairman & EVP-Strategic Planning
Francois Boulanger Chief Financial Officer & Executive Vice President
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