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Gartner Inc reports results for the quarter ended June 30 - Earnings Summary

Gartner Inc IT.N reported quarterly adjusted earnings of $3.53​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $3.22.  The mean expectation of eleven analysts for the quarter was for earnings of $3.30 per share. Wall Street expected results to range from $3.10  to $3.52 per share.

Revenue rose 5.7% to $1.69 billion from a year ago; analysts expected $1.67 billion.

Gartner Inc's reported EPS for the quarter was $3.11​.

The company reported quarterly net income of $240.8 million.

Gartner Inc shares had fallen by 16.7% this quarter and lost 30.5% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 0.5% in the last three months.​

In the last 30 days, three analysts negatively revised earnings estimates

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 1 "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 $469.00, about 28.2% above its last closing price of $336.71

This summary was machine generated from LSEG data August 5 at 01:32 p.m. UTC. ​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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20253.303.53Beat
Mar. 31 20252.722.98Beat
Dec. 31 20243.255.45Beat
Sep. 30 20242.392.50Beat

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