Gartner Inc (IT) Updates FY14 Earnings Guidance
Gartner Inc (NYSE:IT) updated its FY14 earnings guidance on Tuesday. The company provided earnings per share guidance of $2.18-2.35 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.26, Stock Ratings News reports. The company issued revenue guidance of $1.96-2.01 billion, compared to the consensus revenue estimate of $1.97 billion.
Shares of Gartner Inc (NYSE:IT) opened at 70.84 on Tuesday. Gartner Inc has a 52 week low of $56.55 and a 52 week high of $75.61. The stock’s 50-day moving average is $70.06 and its 200-day moving average is $69.59. The company has a market cap of $6.392 billion and a P/E ratio of 35.55.
Gartner (NYSE:IT) last released its earnings data on Tuesday, August 5th. The company reported $0.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.55 by $0.09. The company had revenue of $519.80 million for the quarter, compared to the consensus estimate of $501.87 million. During the same quarter in the previous year, the company posted $0.50 earnings per share. The company’s revenue for the quarter was up 16.5% on a year-over-year basis. On average, analysts predict that Gartner Inc will post $2.12 earnings per share for the current fiscal year.
Gartner, Inc (NYSE:IT) is an information technology (IT) research and advisory company.
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