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.

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