Tech giant International Business Machines Corporation (NYSE: IBM) is all set to publish its second quarter 2024 operating results today after the closing bell.
Listen to IBM’s Q2 2024 earnings call live and read the real-time transcript
On average, analysts forecast earnings of $2.2 per share for the June quarter, on an adjusted basis, compared to $2.18 per share in the prior-year quarter. Revenues are expected to remain almost unchanged at $15.62 billion.
In the first quarter, IBM reported revenues of $14.46 billion, compared to $14.25 billion in the same period last year. First-quarter adjusted earnings from continuing operations rose to $1.68 per share from $1.36 per share a year earlier.
On an unadjusted basis, the March-quarter net profit was $1.61 billion or $1.72 per share, compared to $927 million or $1.01 per share in the corresponding period last year.
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
KB Home’s Q3 results expected to benefit from built-to-order model, stable demand
KB Home (NYSE: KBH) has been resilient to challenges like high mortgage rates and the inflation-induced strain on family budgets, while benefitting from the recovery in the housing market. When
Signet Jewelers (SIG) reports lower Q2 2025 sales and adj. profit
Signet Jewelers Limited (NYSE: SIG) has reported a decline in net sales and adjusted earnings for the second quarter of 2025. Same-store sales declined 3.4% during the three months. Net
Adobe reports higher Q3 revenue and earnings; results beat estimates
Design software maker Adobe Inc. (NASDAQ: ADBE) on Thursday reported an increase in third-quarter 2024 revenue and earnings. The results also topped expectations. Third-quarter revenues came in at $5.41 billion,
