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0.000351041422887748 -0.000175520711443957 -0.00134565878773706 -0.00111163117247834 -0.00181371401825417 -0.00204774163351272 -0.00257254856073026 -0.00102387081675644
Stock impact report

IBM (IBM) Up 1% Since Last Earnings Report: Can It Continue? [Yahoo! Finance]

International Business Machines Corporation (IBM) 
Last international business machines corporation earnings: 4/20 04:08 pm Check Earnings Report
US:NYSE Investor Relations: ibm.com/investor
Company Research Source: Yahoo! Finance
Will the recent positive trend continue leading up to its next earnings release, or is IBM due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. IBM's Q1 Earnings Beat, Revenues Miss Despite Solid Demand IBM started 2024 on a positive note with relatively modest first-quarter results. The bottom line beat the Zacks Consensus Estimate, but the top line missed the same despite solid demand. The company witnessed healthy demand trends for hybrid cloud and AI solutions with a client-focused portfolio and broad-based growth and remains firmly on track to reach its targets for 2024. Net Income On a GAAP basis, net income from continuing operations was $1,575 million or $1.69 per share compared with $934 million or $1.02 per share in the year-ago quarter. The improvement in GAAP earnings was primarily attributable to top-line gr Show less Read more
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