IBM Reports Third Quarter Earnings

Investing.com – IBM (NYSE: IBM) reported third quarter EPS of $2.30, which is $0.08 higher than the analyst estimate of $2.22. Revenue for the quarter reached $15B, slightly below the consensus estimate of $15.04B.

IBM's stock price closed at $232.21, showing a 21.10% increase over the last 3 months and a 68.52% increase over the last 12 months.

In the last 90 days, IBM experienced 4 positive EPS revisions and 7 negative EPS revisions. For more information on IBM's stock price reactions to earnings, click here.

According to InvestingPro, IBM's Financial Health score reflects good performance.

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