IT's total revenue grew by 6% in the latest quarter, beating estimates. Research contract value (RCV) growth accelerated to 7.4% year-over-year, indicating a rebound in tech investment demand and improved sales productivity. IT's growth momentum is expected to continue with increased sales headcount and a recovering demand environment.
Gartner (IT) witnesses y/y top-line growth in the second quarter of 2024 due to an improved segmental performance.
The headline numbers for Gartner (IT) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Gartner (IT) came out with quarterly earnings of $3.22 per share, beating the Zacks Consensus Estimate of $3.03 per share. This compares to earnings of $2.85 per share a year ago.
Gartner (IT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Gartner's (IT) second-quarter 2024 top and bottom lines are likely to have increased year over year.
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Driven by rebounding demand in key segments, technological advancements and improved supply-chain conditions, the PC market is on its way to a robust recovery.
Gartner (IT) gains from a large and diverse addressable market and low client concentration.
Gartner (IT) reported earnings 30 days ago. What's next for the stock?
Gartner's (IT) strategy of providing high-quality, independent analysis benefits diverse sectors. However, stiff competition and foreign exchange vulnerability pose a threat.