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Gartner forecasts weak 2025 results as research unit growth slows
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Gartner forecasts weak 2025 results as research unit growth slows
Feb 4, 2025 4:32 AM

Feb 4 (Reuters) - Gartner ( IT ) on Tuesday forecast

annual results below analysts' estimates as the research and

advisory firm deals with slowing growth at its research unit,

which accounts for more than half its revenue.

The IT consultancy firm expects full-year 2025 revenue at

its research unit to be at least $5.37 billion, below estimates

of $5.50 billion, as per data compiled by LSEG. It sees

full-year revenue of $6.56 billion, compared with estimates of

$6.70 billion.

The Stamford, Connecticut-based company expects an annual

adjusted profit per share of $11.45, compared with estimates of

$13.1 per share.

Gartner ( IT ) 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.

The company also posted fourth-quarter revenue of $1.71

billion for the quarter ended Dec. 31, in line with estimates.

Revenue at the company's mainstay research segment was up

about 5% at $1.31 billion in the reported quarter.

Adjusted quarterly profit of $5.11 per share surpassed

analysts' estimate of $3.25 per share.

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