Nucor earnings beat by $0.08, revenue fell short of estimates
STAMFORD, Conn. - Gartner , Inc. (NYSE:IT) reported first quarter 2025 results that exceeded earnings expectations while revenue met analyst estimates on Tuesday.
The company’s stock slipped -1.87% following the announcement.
The technology research and consulting firm posted adjusted earnings per share of $2.98, surpassing the analyst consensus of $2.75. Revenue for the quarter came in at $1.53 billion, in line with Wall Street projections.
Gartner’s total revenue grew 4.2% year-over-year, or 5.7% on a foreign exchange neutral basis. The company’s largest segment, Research, saw revenue increase 4.2% to $1.32 billion.
Contract value, a key metric for Gartner, rose 6.7% YoY on an FX neutral basis to $5.1 billion. Global Technology Sales contract value grew 5.5% to $3.9 billion, while Global Business Sales contract value jumped 10.8% to $1.2 billion.
"First quarter financial results were ahead of our expectations. Contract value grew 7%," said Gene Hall, Gartner’s CEO. "In a dynamic world, we are managing our costs to deliver Adjusted EBITDA Margin ahead of our initial guidance while also investing for future growth."
The company generated free cash flow of $288 million in Q1, up 73.3% from the prior year period.
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