Gartner, Inc. (IT - Free Report) reported third-quarter 2018 earnings per share of 85 cents (on an adjusted basis) which surpassed the Zacks Consensus Estimate of 62 cents. Earnings also increased 30.7% on a year-over-year basis.
How Was the Estimate Revision Trend?
Investors should note that the Zacks Consensus Estimate for Gartner’s third-quarter 2018 earnings remained stable at 62 cents per share over the last 60 days.
However, the company has an impressive earnings history having outperformed the Zacks Consensus Estimate in three of the last four quarters with an average beat of 11.7%.
Revenues Higher Than Expected
Gartner recorded total revenues of $921.67 million which outperformed the Zacks Consensus Estimate of $919.8 million. Moreover, revenues compared favorably with the year-ago figure of $828.08 million.
Key Stats to Note: Gartner has provided its guidance for fourth-quarter 2018. The company expects revenues in the range of $1.07-$1.12 billion and adjusted EPS in the range of $1.18–$1.34.
Zacks Rank: Currently, Gartner has a Zacks Rank #3 (Hold) but that could change following the company’s earnings report which was just released. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Check back later for our full write up on this Gartner earnings report later!
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Gartner, Inc. (IT - Free Report) reported third-quarter 2018 earnings per share of 85 cents (on an adjusted basis) which surpassed the Zacks Consensus Estimate of 62 cents. Earnings also increased 30.7% on a year-over-year basis.
How Was the Estimate Revision Trend?
Investors should note that the Zacks Consensus Estimate for Gartner’s third-quarter 2018 earnings remained stable at 62 cents per share over the last 60 days.
However, the company has an impressive earnings history having outperformed the Zacks Consensus Estimate in three of the last four quarters with an average beat of 11.7%.
Revenues Higher Than Expected
Gartner recorded total revenues of $921.67 million which outperformed the Zacks Consensus Estimate of $919.8 million. Moreover, revenues compared favorably with the year-ago figure of $828.08 million.
Key Stats to Note: Gartner has provided its guidance for fourth-quarter 2018. The company expects revenues in the range of $1.07-$1.12 billion and adjusted EPS in the range of $1.18–$1.34.
Zacks Rank: Currently, Gartner has a Zacks Rank #3 (Hold) but that could change following the company’s earnings report which was just released. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Check back later for our full write up on this Gartner earnings report later!
Wall Street’s Next Amazon
Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.
Click for details >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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