Gartner Inc. Fourth Quarter Earnings Sneak Peek

Gartner, Inc. (NYSE:IT) will unveil its latest earnings on Tuesday, February 7, 2012. Gartner is an information technology research and advisory company, which offers independent and objective research and analysis on the information technology, computer hardware, software, communications and related technology industries.

Gartner, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 47 cents per share, a rise of 20.5% from the company’s actual earnings for the same quarter a year ago. The average estimate is the same as three months ago. Between one and three months ago, the average estimate was unchanged. It also has not changed during the last month. Analysts are projecting profit to rise by 28.2% versus last year to $1.41.

Past Earnings Performance: Last quarter, the company beat estimates by 2 cents, coming in at profit of 31 cents a share versus the estimate of net income of 29 cents a share. It marked the fourth straight quarter of beating estimates.

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Wall St. Revenue Expectations: Analysts are projecting a rise of 12% in revenue from the year-earlier quarter to $428.2 million.

Analyst Ratings: Analysts are bullish on this stock with six analysts rating it as a buy, none rating it as a sell and one rating it as a hold.

A Look Back: In the third quarter, profit rose 51.8% to $30.5 million (31 cents a share) from $20.1 million (20 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 16.8% to $345.8 million from $296.1 million.

Key Stats:

The company has enjoyed double-digit year-over-year percentage revenue growth for the past four quarters. Over that span, the company has averaged growth of 15.2%, with the biggest boost coming in the most recent quarter when revenue rose 16.8% from the year earlier quarter.

The company has seen net income rise in three straight quarters. Net income rose 60.2% in the second quarter and 50.4% in the first quarter.

Stock Price Performance: During January 3, 2012 to February 1, 2012, the stock price had risen $4.18 (12%) from $34.70 to $38.88. The stock price saw one of its best stretches over the last year between March 17, 2011 and April 1, 2011 when shares rose for 12-straight days, rising 10% (+$3.84) over that span. It saw one of its worst periods between July 19, 2011 and July 27, 2011 when shares fell for seven-straight days, falling 6.8% (-$2.65) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com