Compared to Estimates, IBM (IBM) Q2 Earnings: A Look at Key Metrics
IBMIBM(IBM) ZACKS·2024-07-26 05:00

IBM (IBM) reported 15.77billioninrevenueforthequarterendedJune2024,representingayearoveryearincreaseof1.915.77 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 1.9%. EPS of 2.43 for the same period compares to 2.18ayearago.ThereportedrevenuecomparestotheZacksConsensusEstimateof2.18 a year ago.The reported revenue compares to the Zacks Consensus Estimate of 15.58 billion, representing a surprise of +1.23%. The company delivered an EPS surprise of +12.50%, with the consensus EPS estimate being $2.16.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expec ...