WSP Global (WSP) Scheduled to Post Quarterly Earnings on Tuesday

WSP Global (TSE:WSP) will be issuing its quarterly earnings data after the market closes on Tuesday, May 14th. Analysts expect the company to announce earnings of C$0.65 per share for the quarter.

WSP Global (TSE:WSP) last posted its quarterly earnings data on Thursday, March 14th. The company reported C$0.57 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.87 by C($0.30). The firm had revenue of C$1.54 billion for the quarter, compared to analyst estimates of C$1.52 billion.

WSP Global stock traded down C$0.22 during trading on Thursday, reaching C$69.20. The stock had a trading volume of 10,748 shares, compared to its average volume of 155,908. WSP Global has a 52-week low of C$56.09 and a 52-week high of C$75.42. The company has a quick ratio of 1.20, a current ratio of 1.24 and a debt-to-equity ratio of 46.77. The company has a market capitalization of $7.43 billion and a P/E ratio of 29.03.

A number of brokerages recently issued reports on WSP. BMO Capital Markets decreased their price target on shares of WSP Global from C$74.00 to C$72.00 and set a “market perform” rating for the company in a research note on Thursday, January 31st. CIBC upgraded shares of WSP Global from a “neutral” rating to an “outperform” rating and lifted their price target for the stock from C$70.00 to C$75.00 in a research note on Tuesday, January 15th. Canaccord Genuity lifted their price target on shares of WSP Global from C$70.00 to C$72.00 in a research note on Friday, March 15th. Raymond James reiterated an “outperform” rating and issued a C$80.00 price target on shares of WSP Global in a research note on Monday, March 18th. Finally, TD Securities lifted their price target on shares of WSP Global from C$75.00 to C$81.00 and gave the stock a “buy” rating in a research note on Friday, March 15th. Two equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. WSP Global presently has an average rating of “Buy” and a consensus price target of C$76.95.

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About WSP Global

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

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Earnings History for WSP Global (TSE:WSP)

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