IBM

US4592001014

IT Services & Consulting

Real-time Estimate Cboe BZX Other stock markets 10:29:14 2024-04-26 am EDT			5-day change	1st Jan Change
166.4 ^USD	-1.48%		-8.42%	+1.68%

12:47pm	HSBC Adjusts Price Target on International Business Machines to $148 From $146	MT
Apr. 25	Meta Selloff, GDP Data Drag Equity Markets Lower	MT

International Business Machines Corporation Reports Earnings Results for the Fourth Quarter Ended December 31, 2022

January 25, 2023 at 04:08 pm EST

International Business Machines Corporation reported earnings results for the fourth quarter ended December 31, 2022. For the fourth quarter, the company reported revenue was USD 16,690 million compared to USD 16,695 million a year ago. Net income was USD 2,711 million compared to USD 2,332 million a year ago.

Basic earnings per share from continuing operations was USD 3.17 compared to USD 2.74 a year ago. Diluted earnings per share from continuing operations was USD 3.13 compared to USD 2.72 a year ago. Basic earnings per share was USD 2.99 compared to USD 2.6 a year ago.

Diluted earnings per share was USD 2.96 compared to USD 2.57 a year ago.

Latest news about IBM

HSBC Adjusts Price Target on International Business Machines to $148 From $146	06:47am	MT
Meta Selloff, GDP Data Drag Equity Markets Lower	Apr. 25	MT
Meta Selloff, GDP Data Drag Equity Markets Lower	Apr. 25	MT
US Equity Markets Close Down Thursday Following Q1 GDP Report	Apr. 25	MT
Sector Update: Tech Stocks Mixed Late Afternoon	Apr. 25	MT
Meta Selloff, GDP Report Weigh on Equity Markets Intraday	Apr. 25	MT
Top Midday Decliners	Apr. 25	MT
US Equity Indexes Drop Amid Meta Sell-off as Treasury Yields Jump on Slower Growth, Inflation Uptick	Apr. 25	MT
Wall Street stocks fall as weak GDP growth spreads rate-cut gloom	Apr. 25	RE
Sector Update: Tech Stocks Mixed Thursday Afternoon	Apr. 25	MT
US Equity Indexes Decline, Treasury Yields Rise in Midday Trading	Apr. 25	MT
Top Midday Stories: Shares of Meta, IBM, Caterpillar, Comcast and Southwest Down Big Post-Earnings; AstraZeneca Shares See Post-Earnings Bump	Apr. 25	MT
Wedbush Raises Price Target on International Business Machines to $160 From $140, Keeps Neutral Rating	Apr. 25	MT
Wall St loses over 1% amid fading rate-cut hopes	Apr. 25	RE
Global markets live: Ford, Dow, American Airlines, Comcast, Apple, IBM, Cisco...	Apr. 25
Stocks in motion: Large caps struggle	Apr. 25
IBM: adjusted EPS up 24% in Q1	Apr. 25	CF
BofA Securities Cuts Price Target on International Business Machines to $209 From $220, Keeps Buy Rating	Apr. 25	MT
Hermes: The king and his crown	Apr. 25
The specter of stagflation rears its ugly head again	Apr. 25
Traders Turn Risk-Averse After Meta Platforms Earnings, Fueling Losses for US Equity Futures Pre-Bell	Apr. 25	MT
Sector Update: Tech Stocks Lean Lower Premarket Thursday	Apr. 25	MT
Wall St set to open lower as Meta Platforms, economic data weigh	Apr. 25	RE
Exchange-Traded Funds, Equity Futures Lower Pre-Bell Thursday Ahead of Key Economic Data	Apr. 25	MT
Wedbush Raises Price Target on International Business Machines to $160 From $140, Keeps Neutral Rating	Apr. 25	MT

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Company Profile

International Business Machines Corporation (IBM) is one of the world's leading computer services companies. Net sales break down by activity as follows: - cognitive solutions and transaction processing software development (41.4%); - IT services (31.6%): consulting (management of logistic chains, financial performance, CRM, human resources, etc.), application management, systems integration, cloud computing, hosting, technical support services, etc.; - sale of IT infrastructure (25.3%): hybrid IT infrastructure solutions, microcomputers, servers, peripheral devices, networks, data storage equipment, etc.; - financing of computer equipment (1%); - other (0.7%). Net sales are distributed geographically as follows: the United States (41.5%), Americas (9.8%), Europe/Middle East/Africa (29.7%), Japan (9%) and Asia/Pacific (10%).

Sector

IT Services & Consulting

Calendar

2024-04-30 - Annual General Meeting

Related indices

Dow Jones Industrial , S&P 500

More about the company

Income Statement Evolution

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Analysis / Opinion

IBM: Value destruction

April 25, 2024 at 05:30 am EDT

Gary Cohn, IBM vice-president: The three keys to a balanced US economy

January 24, 2024 at 08:38 am EST

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Ratings for IBM

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

168.9 USD

Average target price

183.7 USD

Spread / Average Target

+8.73%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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IBM

Equities

IBM

US4592001014

IT Services & Consulting

International Business Machines Corporation Reports Earnings Results for the Fourth Quarter Ended December 31, 2022

EPS Revisions