CORRECTION: Gartner Raises Guidance: FY23 Adjusted EPS From At Least $10 To $10.90 Vs. $10.32 Consensus; FY23 Total Revenue From At Least $5.85B To $5.89B Vs. $5.85B Consensus
Portfolio Pulse from Benzinga Newsdesk
Gartner has raised its FY23 guidance. The company now expects adjusted EPS to be at least $10.90, up from the previous guidance of at least $10 and above the consensus estimate of $10.32. The company also increased its FY23 total revenue guidance from at least $5.85 billion to $5.89 billion, which is also above the consensus estimate of $5.85 billion.
November 03, 2023 | 12:32 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Gartner's raised FY23 guidance, both for adjusted EPS and total revenue, is above consensus estimates. This positive news could lead to a short-term increase in the company's stock price.
Gartner's raised guidance for FY23, which is above consensus estimates, indicates that the company is performing better than expected. This positive news is likely to be well received by investors, potentially leading to increased demand for the company's stock and a short-term increase in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100