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

Market news

23 January 2019

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

IBM (IBM) reported Q4 FY 2018 earnings of $4.87 per share (versus $5.18 in Q4 FY 2017), beating analysts’ consensus estimate of $4.82.

The company’s quarterly revenues amounted to $21.760 bln (-3.5% y/y), generally in line with analysts’ consensus estimate of $21.793 bln.

The company also issued upside guidance for FY 2019, projecting EPS of at least $13.90 versus analysts’ consensus estimate of $13.81.

IBM rose to $130.39 (+6.42%) in pre-market trading.

Company News: United Tech (UTX) quarterly results beat analysts’ forecasts

UK manufacturing new orders flattened in the quarter to January and sentiment about both the business situation and export prospects tumbled, according to the latest quarterly CBI Industrial Trends Survey

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.