WSP Global (OTCMKTS:WSPOF) Issues Earnings Results

WSP Global (OTCMKTS:WSPOF) released its quarterly earnings results on Wednesday. The company reported $2.29 EPS for the quarter, beating analysts’ consensus estimates of $2.24 by $0.05, Zacks reports. The company had revenue of $3.02 billion during the quarter, compared to analysts’ expectations of $2.96 billion. WSP Global had a return on equity of 12.52% and a net margin of 5.34%.

WSP Global Stock Performance

Shares of WSPOF opened at $142.31 on Thursday. The stock has a 50-day moving average of $127.35 and a two-hundred day moving average of $145.34. WSP Global has a one year low of $111.08 and a one year high of $200.01. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.20 and a current ratio of 1.20. The stock has a market cap of $19.19 billion and a P/E ratio of 38.57.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on WSPOF shares. Royal Bank Of Canada restated an “outperform” rating on shares of WSP Global in a report on Monday, August 10th. BMO Capital Markets reaffirmed an “outperform” rating on shares of WSP Global in a research report on Thursday, August 6th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of WSP Global in a research note on Wednesday, July 8th. Finally, Scotiabank reissued an “outperform” rating on shares of WSP Global in a research report on Thursday, October 15th. Five equities research analysts have rated the stock with a Buy rating. According to data from MarketBeat, the stock currently has a consensus rating of “Buy”.

WSP Global Company Profile

WSP Global Inc is a Canada-based professional services and consulting company that provides engineering, advisory, and project delivery services to public- and private-sector clients. Its work supports the planning, design, and management of complex projects across the built and natural environments.

The company’s activities include transportation and infrastructure consulting, engineering and design for buildings, environmental and climate services, energy and resources consulting, and project and program management.