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IBM earnings per share of $3.87 beat the $3.76 average of Wall Street estimates, and revenue of $17.4 billion topped the $17.29 billion forecast for the fourth quarter.
IBM (IBM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Image source: The Motley Fool. International Business Machines (NYSE: IBM) Q2 2024 Earnings Call Jul 24, 2024, 5:00 p.m. ET. Contents: Prepared Remarks. Questions and Answers. Call Participants
Adjusted earnings of $2.52 per share slipped 2.3% year-over-year. The Street had estimated the same to be. Shares of International Business Machines Corporation (IBM) declined 4.3% in Wednesday ...
Big Blue delivered solid profits in the fourth quarter, with an eye on continued cash generation in the new fiscal year.
Yahoo! Finance uses 5-year expected growth rate and a P/E based on the EPS estimate for the current fiscal year for calculating PEG (PEG for IBM is 1.26 on Aug 9, 2008 [3]). The NASDAQ web-site uses the forecast growth rate (based on the consensus of professional analysts) and forecast earnings over the next 12 months.
IBM shares gained almost 3% in extended-hours trade Monday after the computing giant topped Wall Street’s top-and bottom-line forecasts.
IBM (IBM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.