CGI Group (GIB) Tops Q3 EPS by 17c, Beat on Revenues

CGI Group (NYSE: GIB) reported Q3 EPS of $0.92, $0.17 better than the analyst estimate of $0.75. Revenue for the quarter came in at $2.8 billion versus the consensus estimate of $2.21 billion.

Q3-F2017 year-over-year highlights

• Revenue of $2.8 billion, up 6.4% and 5.2% in constant currency;
• Adjusted EBIT of $399.1 million, up $8.6 million;
• Adjusted EBIT margin of 14.1%;
• Net earnings of $276.6 million, up $2.8 million;
• Net earnings excluding specific items* of $278.5 million, up $4.6 million;
• Net earnings margin of 9.8%;
• Diluted EPS of $0.92, up 3.4%;
• Diluted EPS excluding specific items* of $0.93, up 4.5%;
• Bookings of $2.7 billion;
• Backlog of $20.8 billion;
• Cash provided by operating activities of $290.6 million; and,
• Return on equity of 17.2%, up 30 basis points.

For earnings history and earnings-related data on CGI Group (GIB) click here.

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