Company News: IBM (IBM) quarterly earnings beat analysts’ estimate

Market news

19 July 2018

Company News: IBM (IBM) quarterly earnings beat analysts’ estimate

IBM (IBM) reported Q2 FY 2018 earnings of $3.08 per share (versus $2.97 in Q2 FY 2017), beating analysts' consensus estimate of $3.04.

The company's quarterly revenues amounted to $20.003 bln (+3.7% y/y), generally in-line with analysts' consensus estimate of $19.846 bln.

IBM rose to $148.70 (+2.89%) in pre-market trading.

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