- Adjusted EPS: $3.22, surpassing last year’s $2.85 and the estimated $3.00.
- Total Revenue: $1.60 billion, a 6.1% increase from last year, beating the estimated $1.58 billion.
- Consulting Segment Revenue: $143.0 million, a 13% rise from last year, exceeding the estimated $132.5 million.
- Conferences Revenue: $186.1 million, up 10% year-over-year, slightly below the estimated $186.9 million.
- Research Revenue: $1.27 billion, a 4.8% year-over-year increase, meeting the estimate.
- Adjusted EBITDA: $416 million, an 8.3% increase from last year, above the estimate of $399.6 million.
- Stock Ratings: 5 buys, 5 holds, and 1 sell.
Gartner Inc on Smartkarma
Analysts on Smartkarma, including Baptista Research, have been providing insightful coverage of Gartner Inc. Recent reports such as “Gartner Inc.: Increasing Interest In Artificial Intelligence (AI) & Its Expected Impact On The Top-Line! – Major Drivers” highlight the company’s strong profitability and free cash flow in Q1 2024, exceeding expectations. Despite challenges, Gartner’s resilience in a complex environment and high single-digit contract value growth have garnered attention.
In another report titled “Gartner Inc: Is The Enterprise New Business Growth Catalyzing Growth? – Major Drivers,” Baptista Research discusses Gartner’s positive fourth-quarter 2023 results and future prospects. The company’s performance, with high single-digit growth in contract value and exceeding expectations in revenue, EBITDA, adjusted EPS, and free cash flow, showcases its ability to navigate disruptions amid macroeconomic conditions. Analyst sentiment leans bullish on Gartner’s trajectory.
A look at Gartner Inc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 1 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Gartner Inc shows a promising long-term outlook. With a strong Growth score of 4, the company is positioned well for expansion and development in the future. This indicates that Gartner Inc is expected to see significant growth opportunities within its industry. Additionally, its Momentum score of 3 suggests that the company has positive market momentum, which can potentially translate into continued success.
Although Gartner Inc scores lower in Value and Dividend at 2 and 1, respectively, its Resilience score of 2 shows that the company has the potential to withstand challenging market conditions. Overall, with a mix of high Growth and Momentum scores, Gartner Inc appears to have a positive outlook for the long term, presenting opportunities for investors looking for growth potential in the tech research and analysis sector.
Summary of the description of the company:
### Gartner, Inc. provides research and analysis on the computer hardware, software, communications, and related information technology industries. The Company’s business segments include research, consulting, measurement, events, and executive programs. ###
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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