IBM Stock Price Forecast Ahead of Q4 Earnings
The International Business Machines (NYSE: IBM) stock price has been under pressure recently as investors reflect on the company’s initiatives. The stock is trading at $130, which is about 9.10%…
Cloud Business Drives IBM Q2 Profits 3% Higher, Beating the Market Forecast
(IBM) IBM beat market forecast to report $18.7 billion revenue for the second quarter, a 3% jump compared to the same period last year. IBM’s per share profit was $2.33, more…
IBM Q2 Earnings Preview: What to Expect
IBM up 12% year to dateEPS expected at $2.34Revenue expected at $17.57 billionFocus on the cloud business IBM has been on an impressive run ahead of its Q2 report scheduled…
IBM Shares Soar 4% After More than Expected Q1 Revenue of $17.73 billion
IBM shares surged up to 4% in extended trading on Monday after reporting a revenue of $17.73 billion in Q1 2021, according to the company’s press release. The revenue was…
IBM Stock Slide on Lower-than-Expected Fourth Quarter Revenues
IBM stock fell as much as 7% in extended trading on Wednesday. The decline occurred after the company reported revenues of $20.37 billion in the fourth quarter, less than expected…