Computer Task Group Inc. (CTGX) Tops Q1 EPS by 1c; Increases FY11 Outlook; Guides Q2

April 25, 2011 4:17 PM EDT
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Price: $23.57 +0.99%

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Direct costs: 64.19M

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Computer Task Group Inc. (NASDAQ: CTGX) reported Q1 EPS of $0.17, $0.01 better than the analyst estimate of $0.16. Revenue for the quarter came in at $95.91 million versus the consensus estimate of $91.5 million.

Sees Q2 2011 EPS of $0.16-$0.18, versus the consensus of $0.17. Also sees Q2 2011 revenue of $97-$99 million, versus the consensus of $93.31 million.

Sees FY2011 EPS of $0.65-$0.75, versus the consensus of $0.69. Increases FY2011 revenue outlook from $365 - $385 million to $380 - $400 million, versus the consensus of $376.33 million.


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