Gartner Updates 2017 Financial Outlook - Quick Facts

(RTTNews) - Gartner, Inc. (IT) issued an update to its financial outlook for full year 2017, to include CEB. The company now expects adjusted EPS in the range of $3.32 to $3.49. In May, the company's combined 2017 adjusted EPS guidance was in the range of $3.32 to $3.60.

For the second quarter of 2017, adjusted EPS was $0.88 compared to $0.75 in second quarter 2016. Total revenue was $843.7 million, an increase of 38% over second quarter 2016 as reported and up 40% on a foreign exchange neutral basis. Traditional Gartner revenue increased 13% on a reported basis and 15% on a foreign exchange neutral basis. Adjusted revenue was $935.3 million in second quarter 2017.