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Gartner Inc. (IT) Has Surged To A New High On Q2 Earnings News

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8/3/2012 9:43 AM ET

Gartner Inc. (IT: Quote) reported second quarter net income of $0.43 per share Friday morning, up from $0.32 per share in the prior year period. The consensus estimate was for EPS of $0.41. The company also reiterated its full year EPS forecast of $1.63 to $1.79. The consensus estimate is for EPS of $1.72.

Shares of Gartner have risen sharply in early trade Friday and are now up 2.98 at $47.52. The stock has broken out of a one-month range and has set a new high for the year.

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by RTT Staff Writer

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