Research and advisory firm Gartner will report its second-quarter earnings this Tuesday before market open. Analysts expect revenue to decline 2.4% year on year, a reversal from the 5.7% increase in the same quarter last year. The company met revenue expectations last quarter with $1.51 billion, down 1.5% year on year, while beating EPS estimates. Gartner has missed Wall Street revenue estimates multiple times over the last two years, though analyst estimates have been largely reconfirmed over the past 30 days. The stock is up 11.8% over the last month, heading into earnings with an average analyst price target of $160.38 compared to the current share price of $151.02.
Gartner IncQ2 earnings report expected to show revenue decline, but stock up 11.8% over past month with analyst price target above current price.