IT

Gartner Increases 2024 Guidance On FX Neutral Basis

(RTTNews) - Gartner, Inc. (IT) said the company now expects fiscal 2024 adjusted EPS of at least $10.90, revised from prior guidance of at least $10.55. Total revenue is now projected to be at least $6.20 billion, revised from prior guidance of at least $6.24 billion. The company's medium term guidance is unchanged.

Analysts polled by Thomson Reuters expect the company to report profit per share of $11.38 on revenue of $6.29 billion. Analysts' estimates typically exclude special items.

First quarter earnings totaled $210.5 million, or $2.67 per share compared with $295.8 million, or $3.68 per share, in last year's first quarter. Excluding items, adjusted earnings per share was $2.93 compared to $2.88, a year ago. Analysts on average had expected the company to earn $2.53 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 4.3% to $1.47 billion from $1.41 billion last year.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.

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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