IBM (NYSE:IBM) reported its Q4 earnings results on Monday, January 24, 2022 at 04:10 PM.
Here's what investors need to know about the announcement.
Earnings
IBM beat estimated earnings by 6.69%, reporting an EPS of $3.35 versus an estimate of $3.14, which did not surprise analysts.
Revenue was up $3.67 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.02, which was followed by a 9.56% drop in the share price the next day.
Here's a look at IBM's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 2.50 | 2.29 | 1.63 | 1.79 |
| EPS Actual | 2.52 | 2.33 | 1.77 | 2.07 |
| Revenue Estimate | 17.77B | 18.29B | 17.34B | 20.67B |
| Revenue Actual | 17.62B | 18.75B | 17.73B | 20.37B |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
