Gartner Q4 Adj EPS $3.04 Beats $2.83 Estimate, Sales $1.586B Beat $1.585B Estimate
Portfolio Pulse from Benzinga Newsdesk
Gartner (NYSE:IT) reported Q4 adjusted EPS of $3.04, surpassing the $2.83 estimate, a 17.84% decrease from last year's $3.70. Sales reached $1.59B, slightly above the $1.58B estimate, marking a 5.38% increase from the previous year.
February 06, 2024 | 11:02 am
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Gartner reported a Q4 adjusted EPS of $3.04, beating estimates but showing a year-over-year decrease. Sales increased to $1.59B, slightly above estimates.
Gartner's earnings and sales beat are likely to positively impact its stock price in the short term. The earnings beat, despite a year-over-year decrease, along with a slight sales increase, indicates solid performance against market expectations, which can be seen as a positive signal by investors.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100