WSP Global (OTCMKTS:WSPOF) Announces Earnings Results, Beats Expectations By $0.05 EPS

WSP Global (OTCMKTS:WSPOF) released its quarterly earnings data on Wednesday. The company reported $2.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.24 by $0.05, Zacks reports. WSP Global had a net margin of 5.34% and a return on equity of 12.52%.

WSP Global Stock Performance

WSPOF stock traded up $1.44 on Wednesday, hitting $142.31. The company’s stock had a trading volume of 187,903 shares, compared to its average volume of 32,453. The stock has a market cap of $19.19 billion and a price-to-earnings ratio of 38.57. The firm has a 50 day moving average of $127.35 and a two-hundred day moving average of $145.34. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 0.79. WSP Global has a 1 year low of $111.08 and a 1 year high of $200.01.

Analysts Set New Price Targets

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

About WSP Global

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.