Gartner Inc. Q2 Profit Rises 8%

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

The company said its bottom line climbed to $59.31 million, or $0.71 per share. This was up from $54.94 million, or $0.65 per share, in last year's second quarter.

Analysts had expected the company to earn $0.68 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 11.3% to $610.00 million. This was up from $547.94 million last year.

Gartner Inc. earnings at a glance:

-Earnings (Q2): $59.31 Mln. vs. $54.94 Mln. last year. -Earnings Growth (Y-o-Y): 8.0% -EPS (Q2): $0.71 vs. $0.65 last year. -EPS Growth (Y-o-Y): 9.2% -Analysts Estimate: $0.68 -Revenue (Q2): $610.00 Mln vs. $547.94 Mln last year. -Revenue Change (Y-o-Y): 11.3%

-Guidance: Full year EPS guidance: $2.67 - $2.89 Full year revenue guidance: $2.405 - $2.465 Bln