IBM (IBM) Tops Q4 EPS by 10c

IBM (NYSE: IBM) reported Q4 EPS of $3.87, $0.10 better than the analyst estimate of $3.77. Revenue for the quarter came in at $17.38 billion versus the consensus estimate of $17.23 billion.

Full-Year 2024 Expectations:

• Revenue: The company expects constant currency revenue growth consistent with its mid-single digit model. At current foreign exchange rates, currency is expected to be about a one-point headwind to revenue growth
• Free cash flow: The company expects about $12 billion in free cash flow

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

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