International Business Machines logo

IBM - International Business Machines News Story

$145.46 -1.3  -0.9%

Last Trade - 07/05/21

Sector
Technology
Size
Large Cap
Market Cap £93.02bn
Enterprise Value £125.51bn
Revenue £52.81bn
Position in Universe 100th / 6858

International Business Machines Corp reports results for the quarter ended in March - Earnings Summary

Mon 19th April, 2021 9:43pm
* International Business Machines Corp  IBM.N  reported
quarterly adjusted earnings of $1.77​​ per share for the quarter
ended in March. The mean expectation of twelve analysts for the
quarter was for earnings of $1.63 per share.
* Revenue rose 0.9% to $17.73 billion from a year ago​; 
analysts expected $17.34 billion.
* International Business Machines Corp's reported EPS for the
quarter was $1.06​.
* The mean earnings estimate of analysts had fallen by
about 1.4% in the last three months.​ 
* In the last 30 days one analyst negatively revised an earnings
estimate and  
* International Business Machines Corp shares had risen by 0.2%
this quarter and gained 6.1% so far this year.
* The company reported quarterly net income of $955 million.
* Wall Street's median 12-month price target for International
Business Machines Corp is $140.00 
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is 5 "strong buy" or "buy," 11
"hold" and 2 "sell" or "strong sell." 
This summary was machine generated April 19 at 08:43 p.m. GMT.
​All figures in US Dollars.​
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.