Explore the exciting world of Gartner (IT 0.15%) with our expert analysts in this Motley Fool Scoreboard episode. Check out the video below to gain valuable insights into market trends and potential investment opportunities!
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Gartner (IT) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
I reiterate my buy rating for Gartner stock, driven by improved demand and expected growth acceleration with increased sales force hiring. Gartner's Q3 revenue of $1.484 billion beat expectations, with strong growth in research and conference segments, despite a decline in consulting revenue. Management's revised FY24 guidance and robust new business pipeline indicate continued demand momentum, supporting my positive growth outlook.
Gartner, Inc. (NYSE:IT ) Q3 2024 Earnings Conference Call November 5, 2024 8:00 AM ET Company Participants David Cohen - SVP, IR Gene Hall - Chairman & CEO Craig Safian - CFO Conference Call Participants Jeffrey Meuler - Baird Toni Kaplan - Morgan Stanley George Tong - Goldman Sachs Tom Rush - William Blair Joshua Chan - UBS Faiza Alwy - Deutsche Bank Manav Patnaik - Barclays Surinder Thind - Jefferies Jeff Silber - BMO Capital Markets Jason Haas - Wells Fargo David Cohen Good morning, everyone. Welcome to Gartner's Third Quarter 2024 Earnings call.
IT witnesses strong revenue growth across all segments in the third quarter of 2024.
The headline numbers for Gartner (IT) give insight into how the company performed in the quarter ended September 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 $2.50 per share, beating the Zacks Consensus Estimate of $2.45 per share. This compares to earnings of $2.56 per share a year ago.
IT's third-quarter 2024 top line is likely to have been fueled by improved performances across all segments.
Gartner (IT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.