Goldman Sachs Comments on Weakness in IBM's (IBM) Q1

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IBM (IBM) Reports In-Line Q1 EPS; Sees FY EPS Above the Street

April 16, 2014 4:10 PM EDT

IBM (NYSE: IBM) reported Q1 EPS of $2.54, in-line with the analyst estimate of $2.54. Revenue for the quarter came in at $22.5 billion versus the consensus estimate of $22.93 billion.

IBM sees FY2014 EPS of at least $18, versus the consensus of $17.84.

In the first... More