© Reuters. IBM earnings beat by $0.16, revenue fell short of estimates
Investing.com – IBM (NYSE: ) reported second quarter EPS of $2.18, $0.16 better than the analyst estimate of $2.02. Revenue for the quarter came in at $15.5B versus the consensus estimate of $15.58B.
IBM’s stock price closed at $135.48. It is up 7.75% in the last 3 months and up 4.88% in the last 12 months.
IBM saw positive EPS revisions and negative EPS revisions in the last 90 days. See IBM’s stock price’s past reactions to earnings here.
According to InvestingPro, IBM’s Financial Health score is “ performance“.
Check out IBM’s , and IBM’s financials here.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
This story originally appeared on Investing
