Gartner Reports Financial Results for Second Quarter 2016

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Go back to Gartner Reports Financial Results for Second Quarter 2016

Gartner (IT) PT, Estimates Lowered at Piper Jaffray

August 5, 2016 8:45 AM EDT

Piper Jaffray analyst Peter Appert trimmed estimates and its price target on Gartner (NYSE: IT) to $90.00 (from $93.00) while maintaining a Neutral rating.

Appert commented, "We remain fans of Gartner's business model (recurring revenues, impressive FCF, room for margin expansion), but view the... More

Gartner, Inc. (IT) Misses Q2 EPS by 2c

August 4, 2016 6:18 AM EDT

Gartner, Inc. (NYSE: IT) reported Q2 EPS of $0.65, $0.02 worse than the analyst estimate of $0.67. Revenue for the quarter came in at $610 million versus the consensus estimate of $596.78 million.

GUIDANCE:

Gartner, Inc. sees FY2016 revenue of $2.405-2.465 billion, versus the consensus of... More