International Business Machines Corporation (IBM)
IBM Posts Weak Sales, Joins Garrett Motion, Beyond And Other Big Stocks Moving Lower In Thursday's Pre-Market Session
U.S. stock futures were mixed this morning, with the Nasdaq futures gaining around 150 points on Thursday.
IBM's Q3 Earnings Beat, Revenues Miss Despite Solid Demand
Healthy demand trends for hybrid cloud and AI solutions with a broad-based growth help IBM to beat third-quarter 2024 earnings estimate.
IBM Stock Sinks as Quarterly Sales Disappoint
IBM (IBM) shares are dropping 5% in premarket trading Thursday, weighing on Dow Jones Industrial Average futures, after its quarterly revenue fell short of Wall Street estimates.
IBM Stock Falls But Analysts Are Still Bullish. Here's Why.
IBM stock is falling after eanings but analysts see an inflection point ahead and a strong AI book of business.
IBM falls as slowing enterprise spending pressure consulting growth
IBM shares fell about 5% in premarket trading on Thursday, as reduced enterprise spending on non-GenAI projects pressured its consulting segment, clouding software unit strength.
IBM: Q3, Strong Software Growth Offset By Temporary Weakness In Consulting
IBM's AI advancements, including Granite 3.0 and Red Hat OpenShift AI, are pivotal for future growth, particularly in the consulting business. Despite current macroeconomic challenges, I expect IBM's consulting business to recover and thrive as the economy normalizes. Strong growth in software, with significant contributions from Red Hat and automation, supports a fair value of $300 per share.
IBM stock is 'very depressed ' given growth potential and AI play
IBM (IBM) shares are under pressure after the company's third quarter revenue fell short of analyst expectations. Argus Research director of research Jim Kelleher joins Julie Hyman and Josh Lipton to break down the results, where the company fits into the artificial intelligence play, and IBM stock's valuation.
International Business Machines Corporation (IBM) Q3 2024 Earnings Call Transcript
International Business Machines Corporation (NYSE:IBM ) Q3 2024 Earnings Conference Call October 23, 2024 5:00 PM ET Company Participants Olympia McNerney - Global Head of IR Arvind Krishna - Chairman & CEO James Kavanaugh - SVP & CFO Conference Call Participants Amit Daryanani - Evercore ISI Toni Sacconaghi - Bernstein Wamsi Mohan - Bank of America Benjamin Reitzes - Melius Research James Schneider - Goldman Sachs Brent Thill - Jefferies Erik Woodring - Morgan Stanley Matt Swanson - RBC Capital Markets Operator Welcome, and thank you for standing by. At this time, all participants are in a listen-only mode.
IBM (IBM) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
Although the revenue and EPS for IBM (IBM) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
IBM (IBM) Tops Q3 Earnings Estimates
IBM (IBM) came out with quarterly earnings of $2.30 per share, beating the Zacks Consensus Estimate of $2.27 per share. This compares to earnings of $2.20 per share a year ago.
IBM says AI business is rapidly growing, but that's not enough to help the stock
IBM's stock is falling despite a profit beat for the third quarter, as consulting revenue came in flat and infrastructure revenue declined.
IBM's consulting business is getting incrementally worse, says Evercore ISI's Amit Daryanani
Amit Daryanani, Evercore ISI Senior Managing Director, joins 'Closing Bell Overtime' to talk IBM earnings.
