July 30 (Reuters) - Gartner ( IT ) topped Wall Street

expectations for quarterly revenue and raised its annual profit

forecast on Tuesday, helped by steady demand for its research

and consulting services.

The company is a leading research and advisory firm that

helps its customers make business decisions through data and

analytics. It has around 15,000 enterprise clients and operates

in three segments - research, consulting and conferences.

Gartner ( IT ) expects full-year 2024 adjusted profit at about

$11.05 per share, higher than its prior forecast of about

$10.90.

Revenue at the company's research segment, which accounts

for more than half of its total revenue, was at $1.27 billion in

the second quarter, up about 5% from a year earlier.

The company's conference and consulting businesses,

respectively, posted a 10.2% and 13% rise in quarterly revenue.

"Contract value in the second quarter grew high single

digits, accelerating from Q1," said Gartner ( IT ) CEO Eugene Hall.

Total revenue was at $1.60 billion in the quarter ended

June, up 6% from a year ago. Analysts on average estimated $1.59

billion, according to LSEG data.

Adjusted profit came at $3.22 per share, also beating the

estimates of $3.02.