WSP Global (WSP) to Release Quarterly Earnings on Wednesday

WSP Global (TSE:WSP - Get Free Report) is scheduled to be posting its quarterly earnings results after the market closes on Wednesday, November 6th. Analysts expect WSP Global to post earnings of C$2.24 per share for the quarter.

WSP Global (TSE:WSP - Get Free Report) last issued 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). WSP Global had a return on equity of 9.40% and a net margin of 4.03%. The business had revenue of C$2.99 billion for the quarter, compared to analyst estimates of C$2.93 billion.

WSP Global Trading Down 0.5 %

TSE WSP traded down C$1.19 during trading hours on Wednesday, reaching C$249.97. The company had a trading volume of 139,192 shares, compared to its average volume of 180,981. The company has a current ratio of 1.13, a quick ratio of 1.04 and a debt-to-equity ratio of 71.81. The stock has a market capitalization of C$31.17 billion, a P/E ratio of 52.29, a price-to-earnings-growth ratio of 1.09 and a beta of 0.82. The stock has a 50-day moving average of C$236.56 and a 200 day moving average of C$221.81. WSP Global has a 1-year low of C$178.60 and a 1-year high of C$253.45.

WSP Global Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Tuesday, October 15th were paid a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a dividend yield of 0.60%. The ex-dividend date of this dividend was Friday, September 27th. WSP Global's dividend payout ratio (DPR) is 31.38%.

Wall Street Analyst Weigh In

Several analysts recently weighed in on WSP shares. Stifel Nicolaus lifted their target price on shares of WSP Global from C$260.00 to C$285.00 in a report on Friday, October 4th. Desjardins lifted their price objective on WSP Global from C$249.00 to C$257.00 and gave the company a "buy" rating in a research note on Tuesday, August 20th. ATB Capital increased their target price on WSP Global from C$235.00 to C$250.00 and gave the stock a "sector perform" rating in a research note on Tuesday, August 20th. National Bankshares set a C$255.00 target price on WSP Global and gave the company an "outperform" rating in a research report on Monday, August 19th. Finally, Raymond James increased their price target on shares of WSP Global from C$255.00 to C$270.00 and gave the stock a "strong-buy" rating in a research report on Tuesday, August 20th. One research analyst has rated the stock with a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, WSP Global has an average rating of "Buy" and a consensus target price of C$258.25.

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.