Gartner gains after raising annual profit forecast

Gartner

06/05/2025 16:15

** Shares of technology research firm Gartner IT.N up 2.5% at $437.75

** Co now expects adj EPS of at least $11.70 for 2025, up from its prior estimate of $11.45

** Q1 adj profit rose to $2.98 per share, beating an estimate of $2.72 per share, according to data compiled by LSEG

* Revenue for Q1 up 4.2% from a year earlier at $1.53 bln, vs est of $1.54 bln

** As of last close, stock down ~12% this year

(Reporting by Jaspreet Singh in Bengaluru)

((Jaspreet.Singh@thomsonreuters.com ; https://twitter.com/i_jass))