What's Next: Gartner's Earnings Preview

Gartner (NYSE:IT) is preparing to release its quarterly earnings on Tuesday, 2024-11-05. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect Gartner to report an earnings per share (EPS) of $2.39.

The market awaits Gartner's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.

It's important for new investors to understand that guidance can be a significant driver of stock prices.

Earnings History Snapshot

During the last quarter, the company reported an EPS beat by $0.22, leading to a 0.49% increase in the share price on the subsequent day.

Here's a look at Gartner's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

3

2.53

2.83

1.96

EPS Actual

3.22

2.93

3.04

2.56

Price Change %

0.0%

2.0%

-3.0%

15.0%

Tracking Gartner's Stock Performance

Shares of Gartner were trading at $503.69 as of November 01. Over the last 52-week period, shares are up 26.83%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analyst Insights on Gartner

For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Gartner.

Gartner has received a total of 3 ratings from analysts, with the consensus rating as Underperform. With an average one-year ...