Q3 2024 EPS Estimates for WSP Global Inc. Lowered by Stifel Canada (TSE:WSP)

WSP Global Inc. (TSE:WSP - Free Report) - Stock analysts at Stifel Canada lowered their Q3 2024 earnings per share (EPS) estimates for WSP Global in a report released on Thursday, October 3rd. Stifel Canada analyst I. Gillies now expects that the company will earn $2.30 per share for the quarter, down from their previous estimate of $2.31. The consensus estimate for WSP Global's current full-year earnings is $9.44 per share. Stifel Canada also issued estimates for WSP Global's Q1 2025 earnings at $1.84 EPS, Q2 2025 earnings at $2.38 EPS, Q3 2025 earnings at $2.77 EPS, Q4 2025 earnings at $2.42 EPS, FY2025 earnings at $9.41 EPS, Q1 2026 earnings at $2.04 EPS, Q2 2026 earnings at $2.64 EPS and Q3 2026 earnings at $3.02 EPS.

WSP Global (TSE:WSP - Get Free Report) last posted its quarterly earnings data on Tuesday, July 30th. The company reported C$1.89 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of C$1.90 by C($0.01). The firm had revenue of C$2.99 billion for the quarter, compared to the consensus estimate of C$2.93 billion. WSP Global had a return on equity of 9.40% and a net margin of 4.03%.

WSP has been the subject of several other reports. Royal Bank of Canada lifted their price target on WSP Global from C$252.00 to C$261.00 and gave the stock an "outperform" rating in a report on Tuesday, August 20th. CIBC raised their price objective on WSP Global from C$245.00 to C$264.00 and gave the stock an "outperform" rating in a research note on Tuesday, August 20th. Desjardins upped their price objective on WSP Global from C$249.00 to C$257.00 and gave the stock a "buy" rating in a research report on Tuesday, August 20th. BMO Capital Markets increased their target price on WSP Global from C$252.00 to C$257.00 and gave the company an "outperform" rating in a research report on Tuesday, August 20th. Finally, Stifel Nicolaus increased their price target on WSP Global from C$260.00 to C$285.00 in a research note on Friday. One analyst has rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, WSP Global currently has a consensus rating of "Buy" and an average target price of C$256.58.

WSP Global Stock Up 0.2 %

Shares of TSE:WSP traded up C$0.58 during mid-day trading on Friday, reaching C$239.63. 149,100 shares of the stock were exchanged, compared to its average volume of 178,287. The company has a quick ratio of 1.04, a current ratio of 1.13 and a debt-to-equity ratio of 71.81. The stock's 50 day simple moving average is C$227.19 and its 200-day simple moving average is C$218.80. The company has a market cap of C$29.88 billion, a P/E ratio of 50.02, a P/E/G ratio of 1.09 and a beta of 0.81. WSP Global has a one year low of C$174.39 and a one year high of C$241.21.

WSP Global Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 15th. Investors of record on Tuesday, October 15th will be paid a $0.375 dividend. The ex-dividend date of this dividend is Friday, September 27th. This represents a $1.50 annualized dividend and a dividend yield of 0.63%. WSP Global's payout ratio is currently 31.38%.

WSP Global Company Profile

WSP Global Inc operates as a professional services consulting firm in the United States, Canada, the United Kingdom, Sweden, Australia, and internationally. It advises, plans, designs, and manages projects for rail, transit, aviation, highways, bridges, tunnels, water, maritime, and urban infrastructure for public and private clients, construction contractors, and other partners.