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BUZZ-Gartner jumps on fourth-quarter profit beat

ReutersFeb 4, 2025 7:00 PM

Shares of research and advisory firm Gartner IT.N up 1.33% at $555.08

Company reports Q4 revenue of $1.7 bln, above analysts' average estimate of $1.69 bln, according to data compiled by LSEG

Also reports Q4 adj. profit of $5.45/shr vs analysts' average estimate of $3.25/shr

Company expects FY25 revenue of $6.56 bln and adj. profit per share of $11.45

"The outlook for 2025 is a bit disappointing despite mgmt history of conservatism" - Jefferies analysts

Shares rose ~7.40% in 2024

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