Gartner Inc. Q4 adjusted earnings Miss Estimates

(RTTNews) - Gartner Inc. (IT) revealed earnings for fourth quarter that decreased from the same period last year.

The company's profit totaled $84.02 million, or $0.92 per share. This compares with $107.31 million, or $1.16 per share, in last year's fourth quarter.

Excluding items, Gartner Inc. reported adjusted earnings of $110 million or $1.20 per share for the period.

Analysts had expected the company to earn $1.25 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 7.9% to $1.09 billion from $1.01 billion last year.

Gartner Inc. earnings at a glance:

-Earnings (Q4): $110 Mln. vs. $108 Mln. last year. -EPS (Q4): $1.20 vs. $1.17 last year. -Analysts Estimate: $1.25 -Revenue (Q4): $1.09 Bln vs. $1.01 Bln last year.