Gartner Slashes FY19 Outlook - Quick Facts

(RTTNews) - While reporting financial results for the second quarter, research and advisory company Gartner, Inc. (IT) on Tuesday lowered its full year 2019 financial outlook for earnings, adjusted earnings and revenues.

For fiscal 2019, the company now expects earnings in a range of $2.09 to $2.34 per share and adjusted earnings in a range of $3.39 to $3.64 per share on revenues between $4.22 billion and $4.26 billion.

Previously, the company projected earnings in the range of $2.65 to $3.03 per share and adjusted earnings in the range of $3.82 to $4.19 per share on revenues between $4.22 billion and $4.32 billion.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $3.95 per share on revenues of $4.26 billion for the year. Analysts' estimates typically exclude special items.