Gartner gains on annual forecast raise

Gartner

02/05/2023 14:33

** Shares of research and advisory firm Gartner Inc  IT.N 
up 1.7% to $312.84
    ** Co forecasts FY adj. profit of at least $9.50/shr, up
from its previous guidance of $8.80/shr
    ** Expects FY rev. of at least $5.90 bln vs prior forecast
of $5.87 bln
    ** Co posts Q1 adj. profit of $2.88/shr, topping analysts'
est. of $2.00/shr
    ** Also reports Q1 rev. of $1.41 bln vs Wall Street
expectations of $1.40 bln - Refinitiv
    ** Up to last close, stock was down 8.5% YTD

 (Reporting by Anandita Mehrotra in Bengaluru)
 ((Anandita.Mehrotra@thomsonreuters.com))