Gartner's stock fell sharply by 5.15% during pre-market trading on Tuesday, following the release of its first-quarter 2026 financial results.
The technology research and advisory firm reported adjusted earnings per share of $3.32, surpassing the analyst consensus estimate of $2.91. However, quarterly revenue of approximately $1.511 billion missed the estimated $1.519 billion and represented a 1.5% decline compared to the same period last year.
Despite the revenue shortfall, the company reported strong cash flow growth and raised its full-year guidance for adjusted EBITDA, adjusted EPS, and free cash flow. Gartner also announced an increase in its share repurchase authorization by $600 million in April.
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