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Gartner Q1 Adjusted Earnings, Revenue Gain; Updates 2024 Outlook
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Gartner Q1 Adjusted Earnings, Revenue Gain; Updates 2024 Outlook
Apr 30, 2024 6:40 AM

09:12 AM EDT, 04/30/2024 (MT Newswires) -- Gartner ( IT ) reported Q1 adjusted earnings Tuesday of $2.93 per diluted share, up from $2.88 a year earlier.

Analysts polled by Capital IQ expected $2.54.

Revenue for the quarter ended March 31 was $1.47 billion, up from $1.41 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.48 billion.

The IT research and consulting firm updated its 2024 outlook to adjusted EPS of at least $10.90 on revenue of at least $6.20 billion, from the previous guidance of adjusted EPS of at least $10.55 on revenue of at least $6.24 billion. Analysts surveyed by Capital IQ expect normalized EPS of $11.38 on revenue of $6.36 billion.

Gartner ( IT ) shares were 1.7% lower in premarket trading.

Price: 441.10, Change: -7.55, Percent Change: -1.68

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