Gartner falls on weak full-year forecast

Gartner

06/02/2024 12:41

** Shares of information technology consultant Gartner
 IT.N  fall 8.5% to $430 premarket
    ** Co expects full-year revenue to be at least $6.24 bln
compared with estimates of $6.35 bln - LSEG data.
    ** Gartner expects adj. EPS in 2024 to be $10.55, below
expectations of $11.96
    ** Reports revenue of $1.59 bln in the fourth quarter, in
line with market estimates
    ** Gartner stock up 34% in 2023

 (Reporting by Priyanka.G)
 ((Priyanka.g@thomsonreuters.com))