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Gartner Inc. Q4 Income Climbs

Gartner Inc. (IT) released earnings for its fourth quarter that advanced from last year.

The company said its bottom line climbed to $108.04 million, or $1.17 per share. This was up from $81.22 million, or $0.97 per share, in last year's fourth quarter.

Analysts had expected the company to earn $1.32 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 44.3% to $1.01 billion. This was up from $0.70 billion last year.

Gartner Inc. earnings at a glance:

-Earnings (Q4): $108.04 Mln. vs. $81.22 Mln. last year.
-Earnings Growth (Y-o-Y): 33.0%
-EPS (Q4): $1.17 vs. $0.97 last year.
-EPS Growth (Y-o-Y): 20.6%
-Analysts Estimate: $1.32
-Revenue (Q4): $1.01 Bln vs. $0.70 Bln last year.
-Revenue Change (Y-o-Y): 44.3%

-Guidance:
Full year EPS guidance: $3.71 - $4.11
Full year revenue guidance: $4,105 - $4,210 Mln

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

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