IBM (IBM) Shares Up 6% Following Strong Q4 Results
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IBM (IBM) PT Raised to $155 at BMO Capital
January 25, 2022 6:57 AM ESTBMO Capital analyst Keith Bachman raised the price target on IBM (NYSE: IBM) to $155.00 (from $153.00) while maintaining a Market Perform rating following earnings.
The analyst commented, "Given the disposition and all the moving parts, we find it challenging to come to a... More
IBM marks strong start to new chapter as cloud revenue booms
January 24, 2022 4:14 PM ESTBy Chavi Mehta
(Reuters) -IBM on Monday beat Wall Street estimates for revenue in the fourth quarter, as its focus on the cloud paid off in Big Blue's first earnings after exiting the slow-growing managed infrastructure business.
Shares of the IT giant jumped as much as 7% aftermarket before easing to trade flat, with the company reiterating its forecast for mid-single-digit revenue growth in 2022, compared with 3.9% last year.
"This will be... More
IBM (IBM) Tops Q4 EPS by 21c
January 24, 2022 4:09 PM ESTIBM (NYSE: IBM) reported Q4 EPS of $3.35, $0.21 better than the analyst estimate of $3.14. Revenue for the quarter came in at $16.7 billion versus the consensus estimate of $15.98 billion.
For earnings history and earnings-related data on IBM (IBM) click here.
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