WSP Global (OTCMKTS:WSPOF) Posts Quarterly Earnings Results, Beats Estimates By $0.05 EPS

WSP Global (OTCMKTS:WSPOF) posted its quarterly earnings results on Wednesday. The company reported $2.29 earnings per share for the quarter, topping the consensus estimate of $2.24 by $0.05, Zacks reports. WSP Global had a return on equity of 13.52% and a net margin of 5.72%. The company had revenue of $3.02 billion during the quarter, compared to the consensus estimate of $2.96 billion.

WSP Global Price Performance

OTCMKTS:WSPOF traded down $12.44 during trading hours on Friday, hitting $129.87. The stock had a trading volume of 571 shares, compared to its average volume of 33,251. The company has a 50 day simple moving average of $127.31 and a two-hundred day simple moving average of $145.04. The firm has a market capitalization of $17.51 billion and a price-to-earnings ratio of 35.20. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.20 and a quick ratio of 1.20. WSP Global has a one year low of $111.08 and a one year high of $200.01.

Analysts Set New Price Targets

Several research firms have commented on WSPOF. BMO Capital Markets reaffirmed an “outperform” rating on shares of WSP Global in a report on Thursday, August 6th. Scotiabank reiterated an “outperform” rating on shares of WSP Global in a research note on Thursday, October 15th. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of WSP Global in a research note on Monday, August 10th. Five equities research analysts have rated the stock with a Buy rating. Based on data from MarketBeat, WSP Global has a consensus 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.