{"id":591005,"date":"2022-01-25T09:26:22","date_gmt":"2022-01-24T22:26:22","guid":{"rendered":"https:\/\/www.gomarkets.com\/?p=591005"},"modified":"2023-09-01T09:03:25","modified_gmt":"2023-08-31T23:03:25","slug":"ibm-beats-wall-street-expectations-in-q4","status":"publish","type":"post","link":"https:\/\/www.gomarkets.com\/en\/articles\/shares-and-indices\/ibm-beats-wall-street-expectations-in-q4\/","title":{"rendered":"IBM beats Wall Street expectations in Q4"},"content":{"rendered":"<p>It is set to be a busy week over in the US with major companies, including General Electric, Johnson &amp; Johnson, Microsoft, Tesla, Apple and McDonald&#8217;s set to release their earnings figures for the previous quarter. International Business Machines Co. (IBM) released their latest figures after the closing bell on Monday.<\/p>\n<p>The US technology giant reported total revenue of $16.695 billion in Q4, beating analyst forecast of $15.96 billion.<\/p>\n<p>Earnings per share reported at $3.35 per share, also beating Wall Street analyst estimates of $3.39 per share.<\/p>\n<p>Arvind Krishna, IBM chairman and CEO commented on the latest results following the announcement: &#8220;We increased revenue in the fourth quarter with hybrid cloud adoption driving growth in software and consulting.&#8221;<\/p>\n<p>&#8220;Our fourth-quarter results give us confidence in our ability to deliver our objectives of sustained mid-single digit revenue growth and strong free cash flow in 2022,&#8221; Krishna added.<\/p>\n<p><strong>International Business Machines Co. chart (1Y)<\/strong><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-270012 size-full\" src=\"https:\/\/www.gomarkets.com\/au\/wp-content\/uploads\/2022\/01\/IBM.png\" alt=\"\" width=\"698\" height=\"448\" \/><\/p>\n<p>Shares of IBM little changed on Monday, ending the day down by 0.41%. The stock is up by 8.64% in the past year at $128.82 per share.<\/p>\n<p>IBM is the 123<sup>rd<\/sup> largest company in the world and with a total market cap of $115.46 billion.<\/p>\n<p>You can trade International Business Machines Co. (IBM) and many other stocks from the NYSE, NASDAQ, HKEX and the ASX with Wixad as a Share CFD.<\/p>\n<p>Sources: International Business Machines Co., TradingView, CompaniesMarketCap<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It is set to be a busy week over in the US with major companies, including General Electric, Johnson &amp; Johnson, Microsoft, Tesla, Apple and McDonald&#8217;s set to release their earnings figures for the previous quarter. International Business Machines Co. (IBM) released their latest figures after the closing bell on Monday. The US technology giant [&hellip;]<\/p>\n","protected":false},"author":50,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2816],"tags":[],"class_list":["post-591005","post","type-post","status-publish","format-standard","hentry","category-shares-and-indices"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>IBM beats Wall Street expectations in Q4 - Wixad<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.gomarkets.com\/en\/articles\/shares-and-indices\/ibm-beats-wall-street-expectations-in-q4\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IBM beats Wall Street expectations in Q4 - Wixad\" \/>\n<meta property=\"og:description\" content=\"It is set to be a busy week over in the US with major companies, including General Electric, Johnson &amp; Johnson, Microsoft, Tesla, Apple and McDonald&#8217;s set to release their earnings figures for the previous quarter. International Business Machines Co. (IBM) released their latest figures after the closing bell on Monday. 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International Business Machines Co. (IBM) released their latest figures after the closing bell on Monday. The US technology giant ","link":"https:\/\/www.gomarkets.com\/en\/articles\/cryptocurrency-trading\/bitcoin-and-crypto-outlook\/","type":"next","category":"cryptocurrency-trading"},"previous":{"id":591057,"slug":"netflix-q4-earnings","title":"Netflix & Q4 earnings","date":"2022-01-24 12:32:11","excerpt":"It is set to be a busy week over in the US with major companies, including General Electric, Johnson &amp; Johnson, Microsoft, Tesla, Apple and McDonald&#8217;s set to release their earnings figures for the previous quarter. International Business Machines Co. (IBM) released their latest figures after the closing bell on Monday. 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