Reported 2 days ago
International Business Machines Corporation (IBM), valued at nearly $268 billion, is expected to report its fiscal Q3 earnings in late October, with analysts projecting a diluted profit of $2.43 per share, a 5.7% increase from last year. The company has consistently met or exceeded EPS estimates in recent quarters, buoyed by strong revenues and impressive cash flow. Notably, IBM shares have outperformed the broader market over the past year, and after launching a notable quantum trading partnership with HSBC, analysts maintain a consensus rating of 'Moderate Buy'.
Source: YAHOO