IBM (IBM) came out with quarterly earnings of $3.92 per share, beating the Zacks Consensus Estimate of $3.73 per share. This compares to earnings of $3.87 per share a year ago.
IBM stock popped as Q4 earnings and revenue topped Wall Street estimates while 2025 revenue guidance came in above expectations. The post IBM Earnings Beat.
CNBC's Seema Mody joins 'Closing Bell Overtime' to talk IBM earnings.
For the December quarter, the technology company reported earnings of $3.92 a share versus the consensus estimate of $3.78 a share.
IBM reported fourth-quarter earnings on Wednesday that topped Wall Street expectations for earnings and revenue. The shares rose in extended trading.
Shares of International Business Machines Inc. rallied after hours on Wednesday after the tech-infrastructure provider reported a quarterly per-share profit that beat expectations.
IBM surpassed analysts' estimates for fourth-quarter profit on Wednesday, driven by demand in its high-margin software unit as businesses ramped up IT spending, sending its shares soaring about 10% in extended trading.
International Business Machines Corp IBM will be reporting its fourth-quarter earnings on Wednesday. Wall Street expects $3.75 in EPS and $17.54 billion in revenues as the company reports after market hours.
IBM is likely to have gained from the Software segment backed by product innovation, strategic acquisition and healthy AI traction.
IBM is expected to report higher revenues from the Consulting segment backed by innovative product launches and healthy demand trends.
International Business Machines (IBM -0.19%) is set to report its fourth-quarter results after the market closes on Wednesday, Jan. 29. IBM stock has surged 65% over the past three years as the company spun off a big low-growth business and settled into a strategy focused on hybrid-cloud and AI platforms.
IBM is scheduled to report their Q4 '24 earnings on Wednesday, January 29th, 2025. Sell-side consensus is expecting $3.75 in earnings per share on $17.45 billion in revenue for an expected y-o-y decline of 3% in EPS on flat or zero revenue growth y-o-y. The company is also expecting $4.29 billion in operating income, which would actually be 14% y-o-y growth for that key metric.