IBM (IBM) Reports Q1 EPS $2.78, Beats by 13c; Raises FY12 Outlook

IBM (NYSE: IBM) reported Q1 EPS of $2.78, $0.13 better than the analyst estimate of $2.65. Revenue for the quarter came in at $24.7 billion versus the consensus estimate of $24.77 billion.

Raises its FY12 EPS outlook from at least $14.85 to at least $15.

For earnings history and earnings-related data on IBM (IBM) click here.

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