WSP Global (OTCMKTS:WSPOF) Announces Quarterly Earnings Results

WSP Global (OTCMKTS:WSPOF) announced its quarterly earnings results on Wednesday. The company reported $2.08 earnings per share for the quarter, topping analysts’ consensus estimates of $1.99 by $0.09, Zacks reports. WSP Global had a return on equity of 12.01% and a net margin of 5.46%.

WSP Global Stock Up 1.4%

OTCMKTS WSPOF opened at $130.59 on Thursday. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.81. The stock’s 50 day moving average is $126.46 and its two-hundred day moving average is $152.53. WSP Global has a 1-year low of $111.08 and a 1-year high of $210.29. The company has a market capitalization of $17.61 billion and a price-to-earnings ratio of 81.11.

Analyst Ratings Changes

A number of research firms recently issued reports on WSPOF. Scotiabank reiterated an “outperform” rating on shares of WSP Global in a research note on Monday, April 13th. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of WSP Global in a report on Wednesday, July 8th. Four research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, WSP Global presently has an average rating of “Buy”.

WSP Global Company Profile

WSP Global Inc is a Canadian professional services firm specializing in engineering, design and environmental consulting. The company provides advisory, planning and project delivery services to public and private sector clients across the built and natural environment. Its expertise spans the full project lifecycle, from feasibility studies and regulatory approvals to design, construction oversight and asset management.

WSP’s service offerings cover a wide range of market sectors including transportation infrastructure, property and buildings, environment and resources, energy and mining, and water management.