Previous Close | 182.19 |
Open | 183.17 |
Bid | 169.18 x 1200 |
Ask | 169.60 x 900 |
Day's Range | 181.40 - 184.29 |
52 Week Range | 120.55 - 199.18 |
Volume | |
Avg. Volume | 4,507,690 |
Market Cap | 168.773B |
Beta (5Y Monthly) | 0.71 |
PE Ratio (TTM) | 22.56 |
EPS (TTM) | 8.16 |
Earnings Date | Jul 24, 2024 - Jul 25, 2024 |
Forward Dividend & Yield | 6.64 (3.61%) |
Ex-Dividend Date | Feb 08, 2024 |
1y Target Est | 188.24 |
IBM (IBM) reported first quarter operating earnings of $1.68 compared to estimates of $1.59. Revenue of $14.46 billion was about in line with expectations of $14.25 billion. The tech giant also announced it was buying HashiCorp (HCP) for $35 per share, or about $6.4 billion, in a bid to boost its cloud-based offerings. Yahoo Finance's Julie Hyman and Josh Lipton break down the results. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Stephanie Mikulich.
The rally attempt paused Wednesday as Nvidia reversed lower. Meta, Chipotle and ServiceNow led key earnings late.
Although the revenue and EPS for IBM (IBM) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.