- Company News: IBM (IBM) quarterly earnings beat analysts’ forecast
Notícias do Mercado
22 janeiro 2021
Company News: IBM (IBM) quarterly earnings beat analysts’ forecast
IBM (IBM) reported Q4 FY 2020 earnings of $2.07 per share (versus $4.71 per share in Q4 FY 2019), beating analysts’ consensus estimate of $1.88 per share.
The company’s quarterly revenues amounted to $20.367 bln (-6.5% y/y), missing analysts’ consensus estimate of $20.630 bln.
The company also said it expects to grow revenue in FY 2021 after a 4.6% y/y decline in FY 2020.
IBM fell to $121.69 (-7.57%) in pre-market trading.
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