earnings
confidence high
sentiment positive
materiality 0.85
Gartner Q1 revenues $1.47B (+4.5%); net income down 28.8%, adjusted EPS up 1.7%
GARTNER INC
2024-Q1 EPS reported
$2.67
revenue$1,472,926,000
- Revenues $1,473M (+4.5% as reported, +4.6% FX neutral); net income $211M (-28.8%); diluted EPS $2.67.
- Adjusted EPS $2.93 (+1.7%); adjusted EBITDA $382M (+0.8% as reported, +1.7% FX neutral).
- Total contract value $4.9B (+6.9% FX neutral); GTS CV $3.8B (+5.4%), GBS CV $1.1B (+12.3%).
- Operating cash flow $189M (+14.7%); free cash flow $166M (+15.8%); repurchased 0.5M shares for $225M.
- Company raised full-year 2024 guidance on FX neutral basis; CEO cites results ahead of expectations.