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IBM Q1 2024 Earnings: Stay tuned for the live earnings call and real-time transcript
Information technology giant International Business Machines Corporation (NYSE: IBM) is scheduled to report first-quarter 2024 results today after the bell.
Listen to IBM’s earnings call live and check the real-time transcript
It is widely expected that IBM will report adjusted earnings per share of $1.60, from continuing operations, for the first quarter. In the year-ago quarter, the company had earned $1.36 per share. Analysts’ consensus revenue estimate is $14.55 billion, representing a year-over-year increase of about 2%.
For the fourth quarter, the tech firm reported revenues of $17.4 billion, up 4% year-over-year. Net income grew 14% to $3.3 billion in the final three months of fiscal 2023. On a per-share basis, earnings rose 13% to $3.54. Adjusted EPS increased 8% to $3.87.
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