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IBM earnings per share of $3.87 beat the $3.76 average of Wall Street estimates, and revenue of $17.4 billion topped the $17.29 billion forecast for the fourth quarter.
The stock market's new record high will be challenged in the week ahead by a slew of corporate earnings reports and ... the index is currently trending for an earnings per share decline of 1.7% ...
Big Tech week. With 37% of the S&P 500 having reported quarterly results, the index is pacing for 3.7% year-over-year earnings growth. According to FactSet, this would be the slowest annual growth ...
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Guidance reports estimating a company's future earnings have some influence over analyst stock ratings and investor decisions to buy, hold, or sell the security. [ 1 ] In the United States, a quarterly revenue forecast, or quarterly guidance, by publicly traded companies had become by the 2000s both a common practice (75% of American firms in ...
IBM's robust Q2 results drove the stock higher, nearly reaching new all-time highs. Big Blue hasn't ventured anywhere near that milestone since 2013. Why IBM Stock Popped After Tuesday's AI-Themed ...
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International Business Machines (NYSE:IBM) reports its second-quarter earnings on July 17 after the bell. This will be the company's first earnings report since completing the purchase of Red Hat ...