ET 08:56

Headline: Gartner Cuts 2026 Revenue Forecast Below Consensus - GRTY

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Earnings

[Para 1: The Lead] Gartner, Inc. (NYSE: GRTY) forecasted 2026 annual revenue and earnings below market expectations, attributing the downturn to slowing demand for its consulting services due to businesses curtailing spending. Shares of Gartner fell 5.1% premarket. [Para 2-3: Supporting details & Context] Gartner expects total revenue of $6.46 billion in 2026, $0.35 billion below analyst estimates. The company also projected annual adjusted earnings of $12.30 per share, $1.23 below expectations. The insights unit, its largest segment, is forecasted to generate $5.19 billion in revenue, $0.11 billion below consensus. Fourth-quarter revenue at its consulting segment, which provides advisory services, declined 13% year-over-year to $133.6 million. Despite this, Gartner reported quarterly revenue of $1.75 billion, meeting analyst forecasts, with adjusted earnings of $3.94 per share, exceeding estimates of $3.51.

EditorJack Lee