Gartner Inc. Profit Advances 26% In Q2

(RTTNews) - Gartner Inc. (IT) announced earnings for its second quarter that gained ground compared to the same period last year.

The company said its bottom line climbed to $79.43 million, or $0.88 per share. This was higher than $63.03 million, or $0.75 per share, in last year's second quarter.

Analysts had expected the company to earn $0.83 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 38.3% to $843.73 million. This was up from $610.00 million last year.

Gartner Inc. earnings at a glance:

-Earnings (Q2): $79.43 Mln. vs. $63.03 Mln. last year. -Earnings Growth (Y-o-Y): 26.0% -EPS (Q2): $0.88 vs. $0.75 last year. -EPS Growth (Y-o-Y): 17.3% -Analysts Estimate: $0.83 -Revenue (Q2): $843.73 Mln vs. $610.00 Mln last year. -Revenue Change (Y-o-Y): 38.3%

-Guidance: Full year EPS guidance: $3.32 - $3.49 Full year revenue guidance: $3428 - $3523 Mln