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Analysts had forecast IBM would earn $3.78 per share, adjusted for one-time items, on $17.54 billion in sales for its fiscal fourth quarter of 2024. ... to just $3.09 per share. GAAP earnings for ...
IBM shares rose 2% after the company announced fourth-quarter revenue of $16.69 billion, slightly above analyst expectations. Adjusted earnings per share came in at $3.60, in line with the average ...
IBM also forecast revenue growth of at least 5% at constant currency for fiscal 2025, higher than the 3% increase seen in 2024. ... IBM's fourth-quarter adjusted per-share earnings of $3.92 ...
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. ... market news and events ...
IBM stock is down 4% since the end of last year. Microsoft stock is up 36% year-to-date, largely driven by its growing cloud computing lineup, while Nvidia has gained 33% on its deeper penetration ...
The S&P 500 and Dow erased earlier losses to close higher. Investors are eyeing fourth-quarter earnings as a potential catalyst to spark a rebound in the stock market.
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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