IBM Reports 2018 First-Quarter Results

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Citi Remains Sidelined on IBM (IBM) Following 1Q

April 18, 2018 7:13 AM EDT

Citi reiterated a Neutral rating and $165.00 price target on IBM (NYSE: IBM) following the company's 1Q earnings report. IBM posted positive revenue growth of 5% year over year. IBM maintains its full year financial targets of at least $13.80 EPS (consensus at $13.83) and $12 billion in free... More

IBM (IBM) Tops Q1 EPS by 4c, Maintains Outlook

April 17, 2018 4:09 PM EDT

IBM (NYSE: IBM) reported Q1 EPS of $2.45, $0.04 better than the analyst estimate of $2.41. Revenue for the quarter came in at $19.1 billion versus the consensus estimate of $18.82 billion.

Full-Year 2018 Expectations

The company continues to expect operating (non-GAAP) diluted earnings per share of at least... More