IBM (IBM)
EARNINGS RELEASE - JULY 20 (AMC)
EARNINGS EXPECTATIONS:
THIS QTR: EPS: 2.07/share REV: 17,720/M
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LAST QTR: EPS: 1.79/share ACTUAL: 1.84/share (BEAT)
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NEXT QTR: EPS: 2.52/share REV: 17,340/M
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FULL YR: EPS: 11.12/Share REV: 73,330/M
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BEAT/MISS RECORD: 57% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) -6.93, 4.75, -6.49
EXPECTED JUMP MOVE THIS QUARTER: 8%
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*** With market volatility at extremes there is greater risk in trading these events which may not react as they would under normal market conditions. Please take extra caution before trading.
Links To Latest News and Headlines
The COVID-19 pandemic has elevated consumers’ focus on sustainability and willingness to pay out of their own pockets – or even take a pay cut – for a sustainable future, according to a new IBM Institute for Business Value (IBV) survey of over 14,000 consumers in nine countries.
Few companies have such storied history as IBM, which has undergone a massive, multiyear restructuring. Now, with its first quarterly revenue increase in 11 quarters, is IBM stock a buy?
IBM (NYSE: IBM) today announced that it is working with Parle Products Pvt Ltd (Parle), the largest selling biscuit brand in India, to help it more quickly and effectively bring its products to market by leveraging IBM Cloud. Parle will leverage IBM’s transformative hybrid cloud and AI capabilities, along with its leading security and industry expertise with IBM’s business consulting and technology services. This will help Parle get its products, such as Parle-G, the world’s top-selling biscuit by volume — to market at the right time and in the right place.
The Dow Jones rallied following a couple of tough down days. Netflix stock sank after disappointing earnings as Norwegian Cruise Line stock steamed ahead.
The Dow Jones was in rally mode along with the other major stock indexes Wednesday. Caterpillar and Visa outperformed and are closing in on buy points.
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Avg Daily Volume: 5,038,497 Market Cap: 102.74B
Sector: Technology Short Interest: 2.45
Ticker delayed 20 minutes
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