We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Gear Up for Gartner (IT) Q2 Earnings: Wall Street Estimates for Key Metrics
Read MoreHide Full Article
Wall Street analysts expect Gartner (IT - Free Report) to post quarterly earnings of $3.38 per share in its upcoming report, which indicates a year-over-year increase of 5%. Revenues are expected to be $1.67 billion, up 4.9% from the year-ago quarter.
Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 0.2% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
Bearing this in mind, let's now explore the average estimates of specific Gartner metrics that are commonly monitored and projected by Wall Street analysts.
Analysts forecast 'Revenue- Research' to reach $1.32 billion. The estimate indicates a year-over-year change of +4.6%.
The combined assessment of analysts suggests that 'Revenue- Conferences' will likely reach $201.84 million. The estimate suggests a change of +8.5% year over year.
Based on the collective assessment of analysts, 'Revenue- Consulting' should arrive at $148.72 million. The estimate indicates a change of +4% from the prior-year quarter.
Over the past month, Gartner shares have recorded returns of -17.9% versus the Zacks S&P 500 composite's +0.6% change. Based on its Zacks Rank #2 (Buy), IT will likely outperform the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Gear Up for Gartner (IT) Q2 Earnings: Wall Street Estimates for Key Metrics
Wall Street analysts expect Gartner (IT - Free Report) to post quarterly earnings of $3.38 per share in its upcoming report, which indicates a year-over-year increase of 5%. Revenues are expected to be $1.67 billion, up 4.9% from the year-ago quarter.
Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 0.2% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
Bearing this in mind, let's now explore the average estimates of specific Gartner metrics that are commonly monitored and projected by Wall Street analysts.
Analysts forecast 'Revenue- Research' to reach $1.32 billion. The estimate indicates a year-over-year change of +4.6%.
The combined assessment of analysts suggests that 'Revenue- Conferences' will likely reach $201.84 million. The estimate suggests a change of +8.5% year over year.
Based on the collective assessment of analysts, 'Revenue- Consulting' should arrive at $148.72 million. The estimate indicates a change of +4% from the prior-year quarter.
View all Key Company Metrics for Gartner here>>>Over the past month, Gartner shares have recorded returns of -17.9% versus the Zacks S&P 500 composite's +0.6% change. Based on its Zacks Rank #2 (Buy), IT will likely outperform the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .