IT - Gartner Q1: Remains Buy Rated As Growth Should Accelerate
2024-05-16 17:37:04 ET
Summary
- IT's 1Q24 results met expectations, with revenue growth of 4.5% and beating EPS estimates.
- The deceleration in research contract value (RCV) growth caused a sharp drop in share price.
- However, there are indicators that suggest RCV will accelerate in the coming quarters.