Published on 3 May 2024 on Simply Wall St. via Yahoo Finance
International Business Machines Corporation (NYSE:IBM) shareholders are probably feeling a little disappointed, since its shares fell 2.5% to US$165 in the week after its latest first-quarter results. Revenues were US$14b, approximately in line with whatthe analysts expected, although statutory earnings per share (EPS) crushed expectations, coming in at US$1.72, an impressive 32% ahead of estimates. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.
Check out our latest analysis for International Business Machines
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