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Can IBM Beat Analysts’ Third-Quarter Earnings Estimate?

Aaron Hemsworth
Can IBM Beat Analysts’ Third-Quarter Earnings Estimate?

IBM (IBM) is expected to report its third-quarter financial results on October 16. Analysts expect IBM’s third-quarter EPS to be $3.4. The company’s total EPS for the last nine months should be ~$8.93. In order to meet its 2018 EPS target, IBM will be left with only $4.87 to be achieved in its final quarter.