On Thursday, IBM IBM will release its latest earnings report. Here is Benzinga's outlook.
Earnings And Revenue
Based on IBM management projections, analysts predict EPS of $5.17 on revenue of $22 billion.
In the same quarter last year, IBM reported EPS of $4.71 on revenue of $21 billion. If the company were to post earnings inline with the current consensus estimate when it reports Thursday, EPS would be up 3.19 percent. Sales would be have grown 1.29 percent from the same quarter last year.
Here's how the IBM's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q3 2017 | Q2 2017 | Q1 2017 | Q4 2016 |
| EPS Estimate | 3.28 | 2.77 | 2.35 | 4.9 |
| EPS Actual | 3.3 | 2.97 | 2.38 | 5.01 |
Q4 EPS Estimate: $5.17
Q4 Revenues Estimate: $22 billion
Stock Performance
At last check, shares of IBM were trading at $168.65. Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. The most common rating by analysts on IBM stock is a Neutral. The strength of this rating has risen over the past three months.
Conference Call
IBM's Q4 conference call can be accessed here: https://www.ibm.com/investor/
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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