IBM (NYSE:IBM) reported its Q1 earnings results on Tuesday, April 19, 2022 at 04:10 PM.
Here's what investors need to know about the announcement.
Earnings
IBM beat estimated earnings by 1.45%, reporting an EPS of $1.4 versus an estimate of $1.38.
Revenue was down $3.53 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.21 which was followed by a 5.65% increase in the share price the next day.
Here's a look at IBM's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 3.14 | 2.50 | 2.29 | 1.63 |
| EPS Actual | 3.35 | 2.52 | 2.33 | 1.77 |
| Revenue Estimate | 16.06B | 17.77B | 18.29B | 17.34B |
| Revenue Actual | 16.70B | 17.62B | 18.75B | 17.73B |
To track all earnings releases for IBM visit their earnings calendar here..
This article was generated by Benzinga's automated content engine and reviewed by an editor.
