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CGI: Fiscal 4Q Earnings Snapshot
AP

CGI: Fiscal 4Q Earnings Snapshot

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MONTREAL (AP) — CGI Group Inc. (GIB) on Wednesday reported fiscal fourth-quarter earnings of $189.1 million.

On a per-share basis, the Montreal-based company said it had profit of 72 cents. Earnings, adjusted for non-recurring costs, were 92 cents per share.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 89 cents per share.

The information technology and business process services company posted revenue of $2.2 billion in the period.

For the year, the company reported profit of $830.4 million, or $3.12 per share. Revenue was reported as $9.04 billion.

CGI shares have fallen 18% since the beginning of the year. The stock has fallen 14% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GIB at https://www.zacks.com/ap/GIB

Copyright by Automated Insights, Inc. All rights reserved.

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