WSP Global (OTCMKTS:WSPOF) Issues Earnings Results

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

WSP Global Trading Up 1.0%

OTCMKTS:WSPOF traded up $1.44 on Wednesday, reaching $142.31. The company’s stock had a trading volume of 187,903 shares, compared to its average volume of 32,453. WSP Global has a 12-month low of $111.08 and a 12-month high of $200.01. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 0.79. The firm has a market cap of $19.19 billion and a price-to-earnings ratio of 38.57. The stock has a 50 day moving average price of $127.23 and a 200 day moving average price of $145.60.

Wall Street Analyst Weigh In

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