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IBM's Earnings Outlook

Benzinga Insights
·1 min read

IBM (NYSE: IBM) releases its next round of earnings this Monday, October 19. Get the latest predictions in Benzinga's essential guide to the company's Q3 earnings report.

Earnings and Revenue

IBM EPS will likely be near $2.58 while revenue will be around $17.54 billion, according to analysts. IBM earnings in the same period a year ago was $2.68 per share. Quarterly sales came in at $18.03 billion. The analyst consensus estimate would represent a 3.73% decline in the company's EPS figure. Sales would be down 2.71% from the same quarter last year. Here is how the IBM's reported EPS has stacked up against analyst estimates in the past:

Quarter

Q2 2020

Q1 2020

Q4 2020

Q3 2019

EPS Estimate

2.07

1.79

4.68

2.67

EPS Actual

2.18

1.84

4.71

2.68

Revenue Estimate

17.72 B

17.62 B

21.64 B

18.22 B

Revenue Actual

18.12 B

17.57 B

21.78 B

18.03 B

Stock Performance

Over the past 52-week period, shares of IBM have declined 5.51%.

View more earnings on IBM

Do not be surprised to see the stock move on comments made during its conference call. IBM is scheduled to hold the call at 17:00:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/xamq9ysw

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