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Gartner Earnings Outpace Estimates in Q4, Revenues Increase Y/Y
ZACKS· 2025-02-04 18:10
Gartner, Inc. (IT) has reported better-than-expected fourth-quarter 2024 results.See Zacks Earnings Calendar to stay ahead of market-making news.The company’s adjusted earnings per share of $5.6 beat the Zacks Consensus Estimate by 69.3% and increased 79.3% from the year-ago quarter. Revenues of $1.7 billion surpassed the consensus estimate by 1.8% and improved 8.1% year over year.The IT stock has gained 16.6% in a year, outperforming the 7.8% rally of the industry it belongs to.Gartner, Inc. Price, Consens ...
Compared to Estimates, Gartner (IT) Q4 Earnings: A Look at Key Metrics
ZACKS· 2025-02-04 15:36
Core Insights - Gartner reported revenue of $1.72 billion for the quarter ended December 2024, reflecting an 8.1% increase year-over-year and surpassing the Zacks Consensus Estimate of $1.68 billion by 1.80% [1] - Earnings per share (EPS) for the quarter was $5.45, significantly higher than the $3.04 reported in the same quarter last year, resulting in an EPS surprise of 69.25% compared to the consensus estimate of $3.22 [1] Revenue Breakdown - Revenue from Research was $1.31 billion, slightly above the average estimate of $1.30 billion from three analysts [4] - Revenue from Conferences was $251 million, slightly below the average estimate of $253 million from three analysts [4] - Revenue from Consulting was $153 million, exceeding the average estimate of $131.26 million from three analysts [4] Stock Performance - Gartner's shares have returned +11.4% over the past month, outperforming the Zacks S&P 500 composite, which saw a +1% change [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]
Gartner (IT) Q4 Earnings and Revenues Top Estimates
ZACKS· 2025-02-04 13:10
Core Viewpoint - Gartner reported strong quarterly earnings of $5.45 per share, significantly exceeding the Zacks Consensus Estimate of $3.22 per share, marking an earnings surprise of 69.25% [1][2] Financial Performance - The company achieved revenues of $1.72 billion for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 1.80% and showing an increase from $1.59 billion year-over-year [2] - Over the last four quarters, Gartner has consistently surpassed consensus EPS estimates and revenue estimates [2] Stock Performance - Gartner shares have increased approximately 13.1% since the beginning of the year, outperforming the S&P 500's gain of 1.9% [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating expectations of underperformance in the near future due to unfavorable estimate revisions [6] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $3.05 on revenues of $1.57 billion, while for the current fiscal year, the estimate is $13.21 on revenues of $6.73 billion [7] - The outlook for the consulting services industry, where Gartner operates, is currently in the bottom 26% of Zacks industries, which may impact stock performance [8]
Gartner(IT) - 2024 Q4 - Annual Results
2025-02-04 11:04
EXHIBIT 99.1 Gartner Press Release Gartner Reports Fourth Quarter 2024 Financial Results Contract Value $5.3 billion, +8% YoY FX Neutral FOURTH QUARTER 2024 HIGHLIGHTS FULL YEAR 2024 HIGHLIGHTS STAMFORD, Conn., February 4, 2025 — Gartner, Inc. (NYSE: IT), today reported results for the fourth quarter of 2024 and provided its financial outlook for the full year 2025. Additional information regarding the Company's results and 2025 financial outlook are provided in an earnings supplement available on the Compa ...
Gartner Set to Report Q4 Earnings: Here's What You Should Know
ZACKS· 2025-01-31 15:51
Gartner Inc. (IT) will release its fourth-quarter 2024 results on Feb. 4, before market open.See Zacks Earnings Calendar to stay ahead of market-making news.IT has an impressive earnings surprise history. In the four trailing quarters, it surpassed the Zacks Consensus Estimate, with an average surprise of 8.5%.Gartner’s Q4 ExpectationsThe Zacks Consensus Estimate for the top line is pegged at $1.7 billion, indicating a 6.2% rise from the year-ago quarter’s actual. Robust client value proposition and vast ad ...
Gartner (IT) Earnings Expected to Grow: Should You Buy?
ZACKS· 2025-01-28 16:06
The market expects Gartner (IT) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on ...
Here's Why You Should Retain Gartner Stock in Your Portfolio Now
ZACKS· 2025-01-07 18:41
Gartner, Inc. (IT) stock has showcased a decent run in the past six months. Shares of the company have gained 9.5%, outperforming the industry by a slight margin and the Zacks S&P 500 composite by 7.4%, respectively.Six Months Price Performance Image Source: Zacks Investment Research Gartner reported better-than-expected third-quarter 2024 results. The company’s adjusted earnings per share of $2.5 beat the Zacks Consensus Estimate by 2% but decreased 2.3% from the year-ago quarter. Revenues of $1.5 billion ...
EdgeTI Recognized in the Gartner Hype Cycle for Revenue and Sales Technology, 2024
Newsfile· 2024-12-17 08:01
EdgeTI Recognized in the Gartner Hype Cycle for Revenue and Sales Technology, 2024edgeTI Digital Twin Platform Brings Sales and Revenue Data Together CoherentlyDecember 17, 2024 3:01 AM EST | Source: Edge Total Intelligence Inc.Arlington, Virginia--(Newsfile Corp. - December 17, 2024) - Edge Total Intelligence Inc. (TSXV: CTRL) (OTCQB: UNFYF) (FSE: Q5I) ("edgeTI", "Company"), a leading provider of real-time digital twin software, announces the Company was positioned by Gartner® in the latest H ...
Cisco Announces December 2024 Events with the Financial Community
Prnewswire· 2024-11-25 13:00
SAN JOSE, Calif., Nov. 25, 2024 /PRNewswire/ -- Cisco today announced that it will host and/or participate in the following events with the financial community in December: Investor Relations Contact: Press Contact: Sami Badri Robyn Blum Cisco Cisco 469-420-4834 408-930-8548 [email protected] [email protected] No new financial information will be discussed at these events 2024 UBS Global Technology and AI Conference Tuesday, December 3, 2024 9:55 – 10:25 am PT Cisco Speaker: Bill Gartner, SVP & GM Optical S ...
OneStream Recognized as a Leader for Third Year in 2024 Gartner Magic Quadrant for Financial Planning Software
Prnewswire· 2024-11-20 16:44
OneStream recognized in Leaders Quadrant for Ability to Execute and Completeness of Vision BIRMINGHAM, Mich., Nov. 20, 2024 /PRNewswire/ -- OneStream (NASDAQ: OS), the leading enterprise Finance management platform that modernizes the Office of the CFO by unifying core finance and operational functions – including financial close, consolidation, reporting, planning and forecasting, has been recognized for the third consecutive year as a Leader in the Gartner ® Magic Quadrant ™ for Financial Planning Softwar ...