CGI: Fiscal Q3 Earnings Snapshot

MONTREAL (AP) — MONTREAL (AP) — CGI Group Inc. (GIB) on Wednesday reported fiscal third-quarter earnings of $295.3 million.

On a per-share basis, the Montreal-based company said it had profit of $1.32. Earnings, adjusted for non-recurring costs, were $1.52 per share.

The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.51 per share.

The information technology and business process services company posted revenue of $2.96 billion in the period, also exceeding Street forecasts. Five analysts surveyed by Zacks expected $2.91 billion.

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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

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