Gartner Reports First Quarter 2019 Financial Results

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Gartner (IT) PT Lowered to $115 at Piper Jaffray

May 7, 2019 1:09 PM EDT

Piper Jaffray analyst Peter Appert lowered the price target on Gartner (NYSE: IT) to $115.00 (from $117.00) while maintaining a Underweight rating.

GBS unit continues to weigh on results.Lowers estiamtes... More

Gartner, Inc. (IT) Tops Q1 EPS by 5c, Revenues Beat; Affirms FY19 EPS/Revenue Outlook

May 7, 2019 6:04 AM EDT

Gartner, Inc. (NYSE: IT) reported Q1 EPS of $0.58, $0.05 better than the analyst estimate of $0.53. Revenue for the quarter came in at $1 billion versus the consensus estimate of $962.31 million.

Revenues: $1.0 billion, +1%; +4% FX neutral. Adjusted Revenues: +8%, +11% FX neutral.Net income: $21 million; adjusted EBITDA: $142 million, -2%,... More