$0.11 EPS Expected for IBI Group Inc (IBG)

October 31, 2017 – By Peter Erickson

Analysts await IBI Group Inc (TSE:IBG) to report earnings on November, 9. They expect $0.11 EPS, down 38.89 % or $0.07 from last year’s $0.18 per share. T_IBG’s profit will be $3.43 million for 16.89 P/E if the $0.11 EPS becomes a reality. After $0.13 actual EPS reported by IBI Group Inc for the previous quarter, Wall Street now forecasts -15.38 % negative EPS growth. The stock decreased 4.01% or $0.31 on October 30, reaching $7.43. About 59,899 shares traded or 198.78% up from the average. IBI Group Inc (TSE:IBG) has 0.00% since October 31, 2016 and is . It has underperformed by 16.70% the S&P500.

IBI Group Inc (TSE:IBG) Ratings Coverage

Among 3 analysts covering IBI Group (TSE:IBG), 0 have Buy rating, 0 Sell and 3 Hold. Therefore 0 are positive. IBI Group had 8 analyst reports since August 17, 2015 according to SRatingsIntel. Raymond James downgraded it to “Market Perform” rating and $6.50 target in Friday, March 10 report. Raymond James upgraded the shares of IBG in report on Tuesday, November 17 to “Outperform” rating. Canaccord Genuity downgraded IBI Group Inc (TSE:IBG) on Wednesday, June 15 to “Hold” rating. The rating was maintained by Scotia Capital with “Sector Perform” on Thursday, December 1.

IBI Group Inc. is an architecture, planning, engineering and technology company. The company has market cap of $231.74 million. The Firm provides a range of professional services focused on the physical development of cities. It has a 48.83 P/E ratio. It operates through the consulting services segment.

More important recent IBI Group Inc (TSE:IBG) news were published by: Seekingalpha.com which released: “Engineer 12.15% YTM With IBI Group’s 26 Month Canadian Dollar Convertible …” on April 29, 2016, also Marketwired.com published article titled: “IBI Group Inc. Announces Second Quarter 2017 Financial Results”, Finance.Yahoo.com published: “IBI Group Inc. Announces Second Quarter 2016 Financial Results” on August 11, 2016. More interesting news about IBI Group Inc (TSE:IBG) was released by: Globenewswire.com and their article: “IBI Group Inc. Third Quarter Earnings Release Scheduled for November 9, 2017” with publication date: August 25, 2016.