Earnings Preview: CGI

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Earnings Preview: CGI

Published on Tuesday, 31 January 2012 10:28 Written by Gerard Lerod

gib New York, January 31st (TradersHuddle.com) - Shares of CGI Group Inc. (NYSE:GIB) are trading higher by +1.69% ahead of its quarterly earnings release. CGI, the independent IT and business process services firm is expected to release its quarterly results on January 1^st.

Wall Street Analysts consensus calls for a profit of $0.4 a share on $1.08 billion revenue.

CGI estimates have a range of $0.04 a share. The high estimate calls for profit of $0.41 a share and the low estimate is calling for a profit of $0.37 a share, a year ago for the quarter the company reported $0.39 a share.

CGI Group Inc. (NYSE:GIB) provides information technology and business processs services. Its services include management of information technology and business functions, systems integration, consulting, and business solutions. CGI is based in Montreal, Quebec and operates in the financial services, telecommunications, manufacturing, retail, government, healthcare and public utilities sectors.

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