CGI Group profit and revenue up from 2017

Company tops expectations

MONTREAL— CGI Group Inc. topped expectations as it reported its fourth-quarter profit and revenue grew compared with a year ago. The IT and business consulting firm says it earned $293.5 million or $1.03 per diluted share for the quarter ended Sept. 30.

That compared with profit of $208.5 million or 70 cents per share in the same quarter last year. Revenue totalled nearly $2.8 billion, up from nearly $2.61 billion in the fourth quarter last year. Excluding specific items, CGI says it earned $309.8 million or $1.09 per diluted share, up from $275.7 million or 93 cents per share a year ago.

Thomson Reuters Eikon says analysts on average had expected a profit of $1.07 per share for the quarter.