Gartner Inc expected to post earnings of $2.51 a share - Earnings Preview

Gartner

28/07/2023 16:11

* Gartner Inc  IT.N   IT  is expected to show a rise in
quarterly
revenue when it reports  results on August 1. 
    * The Stamford Connecticut-based  company is expected to
report  a
7.6% increase in revenue to $1.481 billion from $1.38 billion a
year ago, according to the mean estimate from 8 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Gartner Inc is for
earnings of $2.51 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "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
$367​, above​ its last closing price of $353.75. ​​​

The company's guidance on May 2 2023 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of of USD350 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  
 Mar. 31 2023  2.00        2.00       2.88      Beat    43.8
 Dec. 31 2023  2.59        2.50       3.70      Beat    47.8
 Sep. 30 2022  1.88        1.87       2.41      Beat    28.8​
 Jun. 30 2022  2.14        2.13       2.85      Beat    33.5
 ​​Mar.        1.80        1.75       2.33      Beat    33.3
 31 2022                                                
 Dec. 31 2021  2.45        2.42       2.99      Beat    23.7​
 Sep. 30 2021  1.55        1.56       2.03      Beat    30.5
 Jun. 30 2021  1.73        1.73       2.24      Beat    29.6
 This summary was machine generated July 28 at 15:11 GMT.  All
figures in US dollars  unless otherwise stated