Gartner (IT) Scheduled to Post Quarterly Earnings on Thursday
Gartner (NYSE:IT) is set to issue its quarterly earnings data on Thursday, February 6th. Gartner has set its FY13 guidance at $1.90-2.04 EPS.Persons that are interested in registering for the company’s earnings conference call can do so using this link.
Gartner (NYSE:IT) last announced its earnings results on Thursday, November 7th. The company reported $0.40 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.39 by $0.01. The company had revenue of $410.70 million for the quarter, compared to the consensus estimate of $417.06 million. During the same quarter in the prior year, the company posted $0.33 earnings per share. The company’s quarterly revenue was up 9.7% on a year-over-year basis. On average, analysts expect Gartner to post $1.97 EPS for the current fiscal year and $2.38 EPS for the next fiscal year.
Gartner (NYSE:IT) opened at 66.53 on Wednesday. Gartner has a 52 week low of $47.99 and a 52 week high of $71.49. The stock has a 50-day moving average of $69.25 and a 200-day moving average of $62.47. The company has a market cap of $6.133 billion and a price-to-earnings ratio of 34.75.
Several analysts have recently commented on the stock. Analysts at Barclays raised their price target on shares of Gartner from $70.00 to $75.00 in a research note to investors on Wednesday, January 29th. They now have an “equal weight” rating on the stock. On the ratings front, analysts at Goldman Sachs Group Inc. upgraded shares of Gartner from a “neutral” rating to a “buy” rating in a research note to investors on Thursday, January 16th. They now have a $85.00 price target on the stock. Finally, analysts at RBC Capital initiated coverage on shares of Gartner in a research note to investors on Friday, January 10th. They set a “sector perform” rating and a $73.00 price target on the stock. Seven analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Gartner presently has an average rating of “Hold” and an average target price of $67.89.
Gartner, Inc (NYSE:IT) is an information technology (IT) research and advisory company.
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