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Barchart
Barchart
Rashmi Kumari

What to Expect From IBM's Next Quarterly Earnings Report

IBM

Based in Armonk, New York, International Business Machines Corporation (IBM) is a global leader in technology and innovation, providing advanced solutions in the fields of cloud computing, artificial intelligence, and enterprise services. With a market cap of $163.36 billion, IBM is renowned for its extensive portfolio that enhances business operations, data analytics, and IT infrastructure. The company is set to announce its fiscal Q2 earnings results after the market closes on Wednesday, Jul. 24.

Ahead of the event, analysts expect IBM to report a profit of $2.17 per share, down marginally from $2.18 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in its last four quarterly reports. 

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