IBM (IBM) Shares Lift After Q2 EPS 'Beat'

July 18, 2012 4:17 PM EDT
IBM (NYSE: IBM) is trading up 1.9 percent following better-than-expected bottom-line results in the second quarter, although the top-line missed. Investors are also reacting to lifted guidance.

IBM reported Q2 EPS of $3.51, $0.09 better than the analyst estimate of $3.42. Revenue for the quarter came in at $25.8 billion versus the consensus estimate of $26.28 billion.

Sees FY12 EPS of "at least" $15.10, versus the consensus of $15.06.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Earnings, Hot Earnings