IBM (IBM) reported Q4 FY 2019 earnings of $4.71 per share (versus $4.87 per share in Q4 FY 2018), beating analysts' consensus estimate of $4.69 per share.
The company's quarterly revenues amounted to $21.777 bln (+0.1% y/y), roughly in line with analysts' consensus estimate of $21.622 bln.
The company also issued upside guidance for FY 2020, projecting EPS of at least $13.35 versus analysts' consensus estimate of $13.29.
IBM rose to $144.70 (+3.97%) in pre-market trading.