Scalper1 News
IBM (IBM) stock fell Wednesday after the tech bellwether late Tuesday posted Q4 revenue that fell short of Wall Street expectations. It was the fourth quarter in a row that IBM missed revenue expectations, as the company continues to struggle with mainframe and computer server sales, as IBD reported. IBM beat earnings per share estimates but warned of weak EPS in Q1. Analysts polled by Thomson Reuters lowered the EPS consensus estimate for Q1 to Scalper1 News
Scalper1 News