IBM Q3 Earnings Due Amid Ongoing Market Transition

By | October 17, 2014

Scalper1 News

Amid a transition into newer businesses and away from hardware, IBM (IBM) is scheduled to report its Q3 earnings after the market close Monday. The broad-based tech vendor has posted nine quarters in a row of declining revenue, and analysts expect a 10th. The consensus estimate among analysts polled by Thomson Reuters is for revenue of $23.36 billion, down 1.4% from the year-earlier quarter. Analysts expect earnings per share to rise 8%, to $4.31. Scalper1 News

Scalper1 News