IBM RELEASES FOURTH-QUARTER RESULTS
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IBM (IBM) earnings provoke's mixed reaction from Wall Street analysts
January 26, 2023 9:45 AM ESTWall Street analysts provided a mixed reaction to IBM's (NYSE: IBM) latest earnings release, which saw it beat analyst consensus expectations, with profit coming in at $3.60 per share on revenue of $16.7 billion.
Stifel analyst David Grossman cut his price target on IBM to $150 from $158 following the release, stating that the company's stable revenue trend was overshadowed by its... More
IBM (IBM) Tops Q4 EPS by 2c
January 25, 2023 4:09 PM ESTIBM (NYSE: IBM) reported Q4 EPS of $3.60, $0.02 better than the analyst estimate of $3.58. Revenue for the quarter came in at $16.7 billion versus the consensus estimate of $16.13 billion.
Full-Year 2023 Expectations
Revenue Growth: The company expects constant currency revenue growth consistent with its mid-single... More