CGI Group (GIB) Tops Q1 EPS by 21c

CGI Group (NYSE: GIB) reported Q1 EPS of $0.90, $0.21 better than the analyst estimate of $0.69. Revenue for the quarter came in at $2.7 billion versus the consensus estimate of $2.05 billion.

• Revenue of $2.7 billion, up 3.7% in constant currency;
• Adjusted EBIT of $396.7 million, up 3.3%;
• Adjusted EBIT margin of 14.8%, up 50 basis points;
• Net earnings of $275.7 million, up 16.0%;
• Net earnings margin of 10.3%, up 140 basis points;
• Diluted EPS of 89 cents, up 18.7%;
• Diluted EPS excluding specific items* of 90 cents, up 7.1%;
• Bookings of $3.0 billion, or 110.7% of revenue;
• Backlog of $21.0 billion;
• Cash provided by operating activities of $349.7 million or 13.1% of revenue;
• Return on equity of 17.7%.

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

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