Gartner: 2Q Earnings Snapshot
STAMFORD, Conn. (AP) _ Gartner Inc. (IT) on Tuesday reported second-quarter earnings of $103.4 million.
On a per-share basis, the Stamford, Connecticut-based company said it had profit of $1.13. Earnings, adjusted for one-time gains and costs, came to $1.45 per share.
The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.18 per share.
The technology information and analysis company posted revenue of $1.07 billion in the period, missing Street forecasts. Four analysts surveyed by Zacks expected $1.08 billion.
Gartner expects full-year earnings in the range of $3.39 to $3.64 per share, with revenue in the range of $4.22 billion to $4.26 billion.
Gartner shares have climbed 34% since the beginning of the year. The stock has climbed 25% in the last 12 months.