(Reuters) – Gartner on Tuesday forecast annual results below analysts’ estimates as the research and advisory firm deals with slowing growth at its research unit, which accounts for more than half its revenue.
The IT consultancy firm expects full-year 2025 revenue at its research unit to be at least $5.37 billion, below estimates of $5.50 billion, as per data compiled by LSEG. It sees full-year revenue of $6.56 billion, compared with estimates of $6.70 billion.
The Stamford, Connecticut-based company expects an annual adjusted profit per share of $11.45, compared with estimates of $13.1 per share.
Gartner is a leading research and advisory firm that helps its customers make business decisions through data and analytics. It has around 15,000 enterprise clients and operates in three segments — research, consulting and conferences.
The company also posted fourth-quarter revenue of $1.71 billion for the quarter ended Dec. 31, in line with estimates.
Revenue at the company’s mainstay research segment was up about 5% at $1.31 billion in the reported quarter.
Adjusted quarterly profit of $5.11 per share surpassed analysts’ estimate of $3.25 per share.
(Reporting by Kritika Lamba in Bengaluru; Editing by Shailesh Kuber)
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