Gartner Inc reports results for the quarter ended in September - Earnings Summary

Gartner

03/11/2023 13:31

* Gartner Inc  IT.N  reported quarterly adjusted earnings of
$2.56​​ per share for the quarter ended in September, higher
than the same quarter last year, when the company reported EPS
of $2.41.  The mean expectation of eleven analysts for the
quarter was for earnings of $1.96 per share. Wall Street
expected results to range from $1.70  to $2.14 per share.
    * Revenue rose 5.8% to $1.41 billion from a year ago;
analysts
expected $1.39 billion. 
    * Gartner Inc's reported EPS for the quarter was $2.26​.
    * The company reported quarterly net income of $180 million.
    * Gartner Inc shares had fallen by 1.8% this quarter and
gained 0.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * 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 average consensus recommendation for the it services &
consulting peer group is also "buy"

Wall Street's median 12-month price target for Gartner Inc is
$375.00 
This summary was machine generated from LSEG data November 3 at
01:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      1.96           2.56           Beat
 Jun. 30 2023      2.51           2.85           Beat
 Mar. 31 2023      2.00           2.88           Beat
 Dec. 31 2022      2.50           3.70           Beat