IBM's Earnings Outlook
Portfolio Pulse from Benzinga Insights
IBM is set to release its latest quarterly earnings report on October 25, 2023. Analysts estimate an earnings per share (EPS) of $2.01. The company's past performance shows a trend of beating EPS estimates, which has generally led to an increase in share price. IBM's shares were trading at $136.38 as of October 23, with a 1.28% increase over the last 52-week period.
October 24, 2023 | 2:01 pm
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IBM's upcoming earnings report could potentially impact its stock price. The company has a history of beating EPS estimates, which has generally led to an increase in share price.
IBM's stock price has historically been positively impacted by the company beating EPS estimates. Given that analysts are predicting an EPS of $2.01 for the upcoming report, if IBM beats this estimate, it could potentially lead to an increase in the stock price.
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