Cgi Group Earnings Preview: Can This Streak Finally End?

Cgi Group (NYSE:GIB) will report earnings before markets open on Tuesday, April 30th. CGI Group Inc. provides information technology services. The Company’s services include management of information technology and business functions, systems integration, consulting, and business solutions. CGI operates in the financial services, telecommunications. manufacturing to retail value chain, government, healthcare and public utilities sectors.

Here is your Cheat Sheet to Cgi Group Earnings:

Earnings Expectations: Analysts expect earnings of $0.50 per share on revenues of $2.56 billion. Currently, the company’s P/E ratio stands at 157.62.

Analyst Trends:

Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.54 to a profit $0.55. For the current year, the average estimate is a profit of $2.04, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Cgi Group has been performing on an annual basis:

Fiscal Year 2007 2008 2009 2011 2012
Revenue ($) in millions 3,696 3,883 4,146 4,368 4,680
Diluted EPS ($) 0.7070 0.9431 1.105 1.644 0.4707

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 1,053 1,062 1,100 1,579 2,520
Diluted EPS ($) 0.4081 0.3986 0.3410 -0.5896 0.0696

Past Performance:
Cgi Group has missed analyst estimates 4 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]