GIB Earnings Prediction
The chart below shows how GIB performed 10 days before and after its earnings report, based on data from the past quarters. Typically, GIB sees a -1.42% change in stock price 10 days leading up to the earnings, and a +2.06% change 10 days following the report. On the earnings day itself, the stock moves by +1.05%. This data can give you a slight idea of what to expect for the next quarter's release.
GIB Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
3.66B
4.36%
-0.32%
Gross Margin
16.41%
0.12%
0.18%
Operating Margin
16.41%
0.12%
0.18%
Net Margin
11.91%
0.76%
-0.67%
EPS
1.90
7.95%
-0.52%
No Data Available
GIB Earnings Analysis
CGI Inc. Corporation (GIB.N) Earnings Conference Call
Positive
Q4 Revenue Performance: In Q4, we delivered $3.7 billion of revenue, up 4.4% year-over-year or up 2% when excluding the impact of foreign exchange.
CGI Segment Growth: The strongest CGI segments were Northwest and Central East Europe at 7.5% constant currency growth.
IP Growth Acceleration: Our IP continued to grow at a faster pace with 3.7% constant currency growth in the quarter.
Bookings and Ratio: Bookings were $3.8 billion for a book-to-bill ratio of 104%.
Global Backlog Resilience: Our global backlog reached $28.7 billion or 1.9 times revenue, reflecting our overall business resilience.
Negative
Q4 Revenue Performance: In Q4, we delivered $3.7 billion of revenue, which was a 4.4% year-over-year increase, but only a 2% increase when excluding the impact of foreign exchange.
Bookings and Demand Decline: Bookings were $3.8 billion for a book-to-bill ratio of 104%, indicating a slight decline in demand.
Global Backlog Challenge: Our global backlog reached $28.7 billion, reflecting a significant challenge in converting this backlog into revenue.
Net Earnings Decline: Net earnings were $436 million for a margin of 11.9%, which is a decrease from previous quarters.
Increased Tax Liabilities: The effective tax rate in the quarter was 26.4%, up from 25.7% last year, indicating increased tax liabilities.
GIB FAQs
How does GIB typically perform around its earnings report dates?
Is CGI Inc. (GIB) Q4 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
GIB Earning Call Sentiment
CGI Inc. (GIB) Q4 2024 Earnings Call Transcript
1.0x
00:00
00:00
GIB.N
-0.29%Positive
The earnings call summary and Q&A session reveal strong financial metrics, including a record-high backlog and improved EBIT margins. The company's strategic focus on AI, managed services, and disciplined acquisitions, along with a positive outlook for government spending, supports a positive sentiment. Although business consulting is soft, the emphasis on growth areas like AI and cybersecurity and a robust M&A strategy are encouraging. The dividend policy and shareholder returns are stable, contributing to a positive outlook, likely resulting in a 2% to 8% stock price increase.
