IBM, Intel Earnings Previews: Dying Slow, Painful Death Or Business Model Transformation ?

0

seekingalpha.com – 

IBM (NYSE:IBM), the mainstream technology giant that has had to reinvent itself several times over the last 35 years, from the 1980’s “big-iron” moniker, to today’s services giant, reports their calendar Q1 ’16 financial results after the bell tonight, Monday, April 18, 2016.

For IBM tonight, Street consensus is expecting $2.09 in earnings per share (EPS) on $18.28 billion in revenue for expected year-over-year (y/y) growth of +2% in EPS, on a 7% decline in revenue.

Current expectations for Q2 ’16 (think guidance) shows that Street consensus has modeled $3.45 in earnings per share on $19.8 billion in revenue, for a 10% y/y decline in EPS on 5% y/y decline in revenue.

Read more about the recently published IBM’s Q1 results at seekingalpha.com

 

Share.

Leave A Reply