Gartner jumps on fourth-quarter profit beat

Gartner

04/02/2025 19:00

** Shares of research and advisory firm Gartner  IT.N  up
1.33% at $555.08
    ** Company reports Q4 revenue of $1.7 bln, above analysts'
average estimate of $1.69 bln, according to data compiled by
LSEG
    ** Also reports Q4 adj. profit of  $5.45/shr vs analysts'
average estimate of $3.25/shr
    ** Company expects FY25 revenue of $6.56 bln and adj. profit
per share of $11.45
    ** "The outlook for 2025 is a bit disappointing despite mgmt
history of conservatism" - Jefferies analysts  
    ** Shares rose ~7.40% in 2024




 (Reporting by Megha Kumari in Bengaluru)
 ((Megha.Kumari@thomsonreuters.com;))