Gartner Inc expected to post earnings of $1.96 a share - Earnings Preview

Gartner

01/11/2023 18:28

* Gartner Inc  IT.N   IT  is expected to show a rise in
quarterly
revenue when it reports  results on November 3. 
    * The Stamford Connecticut-based  company is expected to
report  a
4.2% increase in revenue to $1.388 billion from $1.33 billion a
year ago, according to the mean estimate from 9 analysts, based
on LSEG data. 
    * ​Refinitiv's mean analyst estimate for Gartner Inc is for
earnings of $1.96 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Gartner Inc
is
$375​, above​ its last closing price of $332.04. ​​​

The company's guidance on August 1 2023 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of of USD275 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  2.50        2.51       2.85      Beat    13.7
 Mar. 31 2023  2.00        2.00       2.88      Beat    43.8
 Dec. 31 2022  2.59        2.50       3.70      Beat    47.8​
 Sep. 30 2022  1.88        1.87       2.41      Beat    28.8
 ​​Jun.        2.14        2.13       2.85      Beat    33.5
 30 2022                                                
 Mar. 31 2022  1.80        1.75       2.33      Beat    33.3​
 Dec. 31 2021  2.45        2.42       2.99      Beat    23.7
 Sep. 30 2021  1.55        1.56       2.03      Beat    30.5
 This summary was machine generated November 1 at 18:28 GMT.  All
figures in US dollars  unless otherwise stated