Gartner, Inc. Q2 adjusted earnings Beat Estimates

(RTTNews) - Gartner, Inc. (IT) released a profit for second quarter that decreased from last year.

The company's profit came in at $55.1 million, or $0.61 per share. This compares with $103.4 million, or $1.13 per share, in last year's second quarter.

Excluding items, Gartner, Inc. reported adjusted earnings of $107 million or $1.20 per share for the period.

Analysts had expected the company to earn $0.81 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 9.3% to $0.97 billion from $1.07 billion last year.

Gartner, Inc. earnings at a glance:

-Earnings (Q2): $107 Mln. vs. $132 Mln. last year. -EPS (Q2): $1.20 vs. $1.45 last year. -Analysts Estimate: $0.81 -Revenue (Q2): $0.97 Bln vs. $1.07 Bln last year.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


More Related Articles

Info icon

This data feed is not available at this time.

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.