IBM (IBM) Misses Q2 EPS by 8c, Offers Guidance
IBM (NYSE: IBM) reported Q2 EPS of $2.93, $0.08 worse than the analyst estimate of $3.01. Revenue for the quarter came in at $17.16 billion versus the consensus estimate of $17.86 billion.
Full-Year 2026 Expectations
- Revenue: The company now expects full-year constant currency revenue growth in the range of four-to-five percent. At current foreign exchange rates, currency is expected to be neutral to growth for the year
- Free cash flow: The company continues to expect full-year free cash flow to increase by about $1 billion year-over-year
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