Analyst forecasts: IBM quarterly figures in focus

Analyst forecasts: IBM quarterly figures in focus

IBM will present the figures for the most recent quarter at the quarterly financial conference on April 24, 2024. According to forecasts by 15 analysts, earnings per share for the last quarter are expected to be on average $1.60, an increase of 17.65 percent compared to the same quarter last year. In the same quarter last year, IBM reported $1.36 per share. The average revenue estimates from 13 analysts for the past quarter amount to $14.53 billion, an increase of 1.93 percent compared to the same quarter last year, in which IBM generated $14.25 billion.

For the current fiscal year, 17 analysts on average expect earnings per share of USD 10.05, compared to USD 8.23 ​​earned in the previous year. In terms of sales, 17 analysts on average assume that a total of USD 63.49 billion will be generated in the current fiscal year, compared to USD 61.86 billion in the previous year. IBM's financial statement presentation will make it possible to gain insight into the technology company's financial performance and understand its strategic direction for the future.

In addition to the financial metrics, investors and interested parties will also pay attention to what other information IBM will provide about planned investments, innovation projects or strategic partnerships. The financial conference provides an opportunity for analysts, business partners and investors to update their views on IBM and evaluate potential future developments for the company. IBM's balance sheet for the most recent quarter will therefore provide an important insight into the company's performance and its prospects in the market.