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Deep in transition, IBM (IBM) will report third-quarter earnings after the close Monday with expectations for its 14th quarter in a row of year-over-year declining revenue. IBM will report revenue of $19.6 billion, down 12.5% from the year-earlier quarter, according to analysts polled by Thomson Reuters. They expect earnings per share minus items of $3.30, down 10%. IBM has long been in transition, shedding hardware units and realigning its Scalper1 News
Scalper1 News