Worldwide Enterprise Machines Company (NYSE: IBM) is poised to report its fourth-quarter 2024 outcomes right this moment after the closing bell.
Take heed to IBM’s This fall 2024 earnings name stay and browse the real-time transcript
On common, analysts forecast earnings of $3.78 per share for the December quarter, on an adjusted foundation, in comparison with $3.87 per share within the prior-year interval. Revenues are anticipated to extend modestly to $17.54 billion.
For the third quarter of 2024, IBM reported revenues of $15.0 billion, in comparison with $14.75 billion within the corresponding interval of 2023. Adjusted earnings from persevering with operations have been $2.30 per share in Q3, in comparison with $2.20 per share a yr earlier.
On an unadjusted foundation, the corporate posted a internet lack of $330 billion or $0.36 per share for the September quarter, in comparison with a revenue of $1.70 billion or $1.84 per share within the prior yr quarter.