Earnings Preview: Gartner
Portfolio Pulse from Benzinga Insights
Gartner (NYSE:IT) is set to release its latest quarterly earnings report on November 3, 2023. Analysts estimate an earnings per share (EPS) of $1.96. The company's past performance shows a pattern of beating EPS estimates but experiencing a drop in share price the following day. Gartner's shares were trading at $331.92 as of November 1, with a 5.11% increase over the last 52-week period.
November 02, 2023 | 5:01 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Gartner is expected to release its Q3 earnings report on November 3, 2023. The company has a history of beating EPS estimates but experiencing a drop in share price the following day. The stock was trading at $331.92 as of November 1.
Gartner's upcoming earnings report is highly relevant to its stock price. The company has a history of beating EPS estimates, which could be seen as a positive sign by investors. However, the stock price has typically dropped the day after the earnings release, indicating that the market's reaction to the earnings report may not be entirely positive. Given this pattern, the short-term impact on the stock price is uncertain.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100