IBM (IBM) Reports Q2 EPS of $2.32; Raises FY09 EPS Outlook Well Above the Street
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International Business Machines (NYSE: IBM) reports Q2 EPS of $2.32, versus the analyst estimate of $2.02. Revenue for the quarter was $23.3 billion, versus the consensus of $23.59 billion.
Sees FY09 EPS of at least $9.70, compared to its previous estimate of $9.20, versus the consensus of $9.15.
Sees FY10 on pace for $10-$11, the Street is currently looking for $10.07.
UPDATE: Click here to see some highlights from the company's Q2 conference call.
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