Gartner (IT) Q4 Earnings and Revenues Top Estimates

Core Viewpoint - Gartner reported strong quarterly earnings of $5.45 per share, significantly exceeding the Zacks Consensus Estimate of $3.22 per share, marking an earnings surprise of 69.25% [1][2] Financial Performance - The company achieved revenues of $1.72 billion for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 1.80% and showing an increase from $1.59 billion year-over-year [2] - Over the last four quarters, Gartner has consistently surpassed consensus EPS estimates and revenue estimates [2] Stock Performance - Gartner shares have increased approximately 13.1% since the beginning of the year, outperforming the S&P 500's gain of 1.9% [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating expectations of underperformance in the near future due to unfavorable estimate revisions [6] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $3.05 on revenues of $1.57 billion, while for the current fiscal year, the estimate is $13.21 on revenues of $6.73 billion [7] - The outlook for the consulting services industry, where Gartner operates, is currently in the bottom 26% of Zacks industries, which may impact stock performance [8]