Gartner rises on annual profit forecast raise

Gartner

30/07/2024 15:33

** Shares of research and advisory firm Gartner  IT.N  rise
6.3% to $500.42
    ** Co now expects full-year 2024 adjusted profit of ~$11.05
per share, higher than its prior forecast of ~$10.90
    ** IT reports Q2 revenue of $1.60 bln vs est. of $1.59 bln
-LSEG
    ** Q2 adjusted profit was $3.22 per share vs estimates of
$3.02
    ** Revenue at the company's research segment up ~5% in Q2
    ** Stock had risen 10.3% YTD

 (Reporting by Harshita Mary Varghese in Bengaluru)
 ((HarshitaMary.Varghese@thomsonreuters.com))