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Gartner (IT) to Report Q2 Earnings: What's in the Cards?

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Gartner, Inc. (IT - Free Report) is scheduled to report second-quarter 2021 results on Aug 3, before market open.

Let's check out how things have shaped up for the announcement.

Q2 Expectations

The Zacks Consensus Estimate for Gartner’s second-quarter 2021 revenues is pegged at $1.12 billion, indicating growth of 15.3% from the year-ago quarter's reported figure.

Going by segments, the Research segment is likely to have benefited from the temporary cost-avoidance initiatives and client retention. The Consulting segment revenues are likely to have been aided by growth in labor-based revenues and strength across contract optimization business. The Conferences segment is likely to have benefited from the gradual shifting to virtual conference mode. This has helped the company attain cost savings and operational efficiencies.

Solid operational performance is likely to have aided the bottom line. The consensus estimate for earnings stands at $1.74, implying year-over-year growth of 45%.

What Our Model Says

Our proven model does not conclusively predict an earnings beat for Gartner this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter.

Gartner has an Earnings ESP of 0.00% and a Zacks Rank #3.

Gartner, Inc. Price and EPS Surprise

Gartner, Inc. Price and EPS Surprise

Gartner, Inc. price-eps-surprise | Gartner, Inc. Quote

Stocks to Consider

Here are a few stocks from the broader Zacks Business Services sector that investors may consider, as our model shows that these have the right combination of elements to beat on second-quarter 2021 earnings.

Avis Budget (CAR - Free Report) has an Earnings ESP of +30.44% and a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.

Clean Harbors (CLH - Free Report) has an Earnings ESP of +18.71% and a Zacks Rank #2.

Envestnet (ENV - Free Report) has an Earnings ESP of +1.54% and a Zacks Rank #2.
 


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Avis Budget Group, Inc. (CAR) - free report >>

Gartner, Inc. (IT) - free report >>

Envestnet, Inc (ENV) - free report >>

Clean Harbors, Inc. (CLH) - free report >>