Gartner Inc expected to post earnings of $2.53 a share - Earnings Preview

Gartner

26/04/2024 14:55

* Gartner Inc  IT.N   IT  is expected to show a rise in
quarterly
revenue when it reports  results on April 30 for the period
ending March 31 2024
    * The Stamford Connecticut-based  company is expected to
report a
4.7% increase in revenue to $1.475 billion from $1.41 billion a
year ago, according to the mean estimate from 7 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Gartner Inc is for
earnings of
$2.53 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 5
"hold" and 1 "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
$507.00​, above​ its last closing price of $446.31. ​​​

The company's guidance on February 6 2024 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of of USD335 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  2.85        2.83       3.04      Beat    7.4
 Sep. 30 2023  1.98        1.96       2.56      Beat    30.9
 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.        2.59        2.50       3.70      Beat    47.8
 31 2022                                                
 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. 31 2022  1.80        1.75       2.33      Beat    33.3
 This summary was machine generated April 26 at 13:55 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)