Earnings Preview: Gartner (IT) Q1 Earnings Expected to Decline

Core Viewpoint - Wall Street anticipates a year-over-year decline in earnings for Gartner, despite an expected increase in revenues, highlighting the importance of actual results compared to estimates for stock price movement [1][3]. Earnings Expectations - Gartner is projected to report quarterly earnings of $2.72 per share, reflecting a year-over-year decrease of 7.2$1.53 billion, an increase of 4.2% from the previous year [3]. Estimate Revisions - The consensus EPS estimate has been revised down by 1.72% over the last 30 days, indicating a bearish sentiment among analysts regarding Gartner's earnings prospects [4][10]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that the Most Accurate Estimate for Gartner is lower than the consensus estimate, resulting in an Earnings ESP of -0.40%, complicating predictions for an earnings beat [10][11]. Historical Performance - Gartner has consistently beaten consensus EPS estimates in the past four quarters, with a notable surprise of +69.25% in the last reported quarter [12][13]. Stock Movement Factors - An earnings beat or miss alone may not dictate stock movement, as other factors can influence investor sentiment and stock performance [14][16].