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Stock impact report

IBM (IBM) Stock Declines While Market Improves: Some Information for Investors [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
The stock trailed the S&P 500, which registered a daily gain of 0.73%. Meanwhile, the Dow experienced a rise of 0.16%, and the technology-dominated Nasdaq saw an increase of 0.98%. Prior to today's trading, shares of the technology and consulting company had gained 0.17% over the past month. This has lagged the Computer and Technology sector's gain of 3.28% and the S&P 500's gain of 0.34% in that time. The upcoming earnings release of IBM will be of great interest to investors. The company's earnings report is expected on January 29, 2025. In that report, analysts expect IBM to post earnings of $3.74 per share. This would mark a year-over-year decline of 3.36%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $17.6 billion, up 1.26% from the year-ago period. Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $10.12 per share and revenue of $62.8 billion, indicating changes of +5.2% and +1.52%, respectively, compared to the Show less Read more
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