Gartner forecasts weak 2025 results as research unit growth slows

Gartner

04/02/2025 12:03

Feb 4 (Reuters) - Gartner  IT.N  on Tuesday forecast
annual results below analysts' estimates as the research and
advisory firm deals with slowing growth at its research unit,
which accounts for more than half its revenue.
    The IT consultancy firm expects full-year 2025 revenue at
its research unit to be at least $5.37 billion, below estimates
of $5.50 billion, as per data compiled by LSEG. It sees
full-year revenue of $6.56 billion, compared with estimates of
$6.70 billion.
    The Stamford, Connecticut-based company expects an annual
adjusted profit per share of $11.45, compared with estimates of
$13.1 per share.
    Gartner is a leading research and advisory firm that helps
its customers make business decisions through data and
analytics. It has around 15,000 enterprise clients and operates
in three segments — research, consulting and conferences.
    The company also posted fourth-quarter revenue of $1.71
billion for the quarter ended Dec. 31, in line with estimates.
    Revenue at the company's mainstay research segment was up
about 5% at $1.31 billion in the reported quarter.
    Adjusted quarterly profit of $5.11 per share surpassed
analysts' estimate of $3.25 per share.

 (Reporting by Kritika Lamba in Bengaluru; Editing by Shailesh
Kuber)
 ((Kritika.Lamba@thomsonreuters.com;))