Recap: IBM Q1 Earnings

IBM IBM reported its Q1 earnings results on Tuesday, April 19, 2022 at 04:10 PM.

Here's what investors need to know about the announcement.

IBM beat estimated earnings by 1.45%, reporting an EPS of $1.4 versus an estimate of $1.38.

Revenue was down $3.53 billion from the same period last year.

Last quarter the company beat on EPS by $0.21 which was followed by a 5.65% increase in the share price the next day.

Here's a look at IBM's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	3.14	2.50	2.29	1.63
EPS Actual	3.35	2.52	2.33	1.77
Revenue Estimate	16.06B	17.77B	18.29B	17.34B
Revenue Actual	16.70B	17.62B	18.75B	17.73B

To track all earnings releases for IBM visit their earnings calendar here..

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Calendar