Gartner: 4Q Earnings Snapshot

February 5, 2019

STAMFORD, Conn. (AP) _ Gartner Inc. (IT) on Tuesday reported fourth-quarter profit of $84 million.

The Stamford, Connecticut-based company said it had net income of 92 cents per share. Earnings, adjusted for one-time gains and costs, were $1.20 per share.

The results did not meet Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.25 per share.

The technology information and analysis company posted revenue of $1.09 billion in the period, matching Street forecasts.

For the year, the company reported profit of $122 million, or $1.33 per share. Revenue was reported as $3.98 billion.

Gartner expects full-year earnings in the range of $3.82 to $4.19 per share, with revenue in the range of $4.22 billion to $4.32 billion.

Gartner shares have increased 12 percent since the beginning of the year. The stock has climbed 6 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IT at https://www.zacks.com/ap/IT

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