Gartner Set to Report Q4 Earnings: Here's What You Should Know

Gartner Inc. IT will release its fourth-quarter 2024 results on Feb. 4, before market open.See Zacks Earnings Calendar to stay ahead of market-making news.IT has an impressive earnings surprise history. In the four trailing quarters, it surpassed the Zacks Consensus Estimate, with an average surprise of 8.5%.Gartner, Inc. Price, Consensus and EPS Surprise  Gartner, Inc. price-consensus-eps-surprise-chart | Gartner, Inc. QuoteGartner’s Q4 ExpectationsThe Zacks Consensus Estimate for the top line is pegged at $1.7 billion, indicating a 6.2% rise from the year-ago quarter’s actual. Robust client value proposition and vast addressable market opportunity are anticipated to have driven the top line.Research revenues are expected to have been driven by improvements in contract value with enterprise function leaders and tech vendor clients. Furthermore, we anticipate Gartner Consulting, an extension of Gartner Research, to have significantly contributed to the segment’s revenue growth.Gartner Conferences deliver extraordinarily valuable insights to an engaged and qualified audience. We expect a rise in the number of destination conferences held by Gartner to have fueled this segment’s revenues.The consensus estimate for earnings per share is pegged at $3.2, hinting at year-over-year growth of 5.9%. Healthy top-line growth is expected to have benefited the bottom line.What Our Model Says About ITOur proven model does not predict an earnings beat for IT this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that is not the case here. You can uncover the best stocks before they are reported with our Earnings ESP Filter.Gartner has an Earnings ESP of -0.50% and a Zacks Rank of 4 (Sell) at present.Stocks to ConsiderHere are a few stocks from the broader Business Services sector, which, according to our model, have the right combination of elements to beat on earnings this season.S&P Global SPGI: The Zacks Consensus Estimate for the company’s fourth-quarter 2024 revenues is pegged at 3.5 billion, indicating year-over-year growth of 10.3%. The consensus estimate for earnings is pegged at $3.4 per share, implying year-over-year growth of 9%. The company beat the consensus estimate in three of the past four quarters and missed once, with an average surprise of 6.3%.SPGI currently has an Earnings ESP of +0.83% and a Zacks Rank of 2. You can see the complete list of today’s Zacks #1 Rank stocks here.The company is scheduled to declare its fourth-quarter 2024 results on Feb. 11.TransUnion TRU: The Zacks Consensus Estimate for the company’s fourth-quarter 2024 revenues is pegged at $1 billion, indicating year-over-year growth of 7.7%. For earnings, the consensus mark is pegged at 96 cents, suggesting 20% growth from the year-ago quarter’s reported figure. The company beat the consensus estimate in the past four quarters, with an average surprise of 7.3%.TRU carries an Earnings ESP of +0.27% and a Zacks Rank of 3 at present. The company is scheduled to declare its fourth-quarter 2024 results on Feb. 13.Zacks' Research Chief Names "Stock Most Likely to Double"Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.This top pick is among the most innovative financial firms. With a fast-growing customer base (already 50+ million) and a diverse set of cutting edge solutions, this stock is poised for big gains. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.Free: See Our Top Stock And 4 Runners UpWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Gartner, Inc. (IT): Free Stock Analysis Report TransUnion (TRU): Free Stock Analysis Report S&P Global Inc. (SPGI): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks