Gartner gains after raising annual profit forecast

ReutersMay 6, 2025 3:15 PM

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Shares of technology research firm Gartner IT.N up 2.5% at $437.75

Co now expects adj EPS of at least $11.70 for 2025, up from its prior estimate of $11.45

Q1 adj profit rose to $2.98 per share, beating an estimate of $2.72 per share, according to data compiled by LSEG

Revenue for Q1 up 4.2% from a year earlier at $1.53 bln, vs est of $1.54 bln

As of last close, stock down ~12% this year

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