Gartner: Q4 Earnings Snapshot

STAMFORD, Conn. (AP) — STAMFORD, Conn. (AP) — Gartner Inc. (IT) on Tuesday reported fourth-quarter earnings of $398.6 million.

On a per-share basis, the Stamford, Connecticut-based company said it had profit of $5.11. Earnings, adjusted for non-recurring costs, came to $5.45 per share.

The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $3.22 per share.

The technology information and analysis company posted revenue of $1.72 billion in the period, which also beat Street forecasts. Four analysts surveyed by Zacks expected $1.68 billion.

For the year, the company reported profit of $1.25 billion, or $16 per share. Revenue was reported as $6.3 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IT at https://www.zacks.com/ap/IT

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