IBM (IBM) Q3 Earnings Report Preview: What To Look For – StockStory

IBM (IBM) Q3 Earnings Report Preview: What To Look For – StockStory

By StockStory
Publication Date: 2026-10-20 03:07:00

Technology and consulting giant IBM (NYSE:IBM) will be announcing earnings results this Wednesday after market hours. Here’s what to look for.

IBM missed analysts’ revenue expectations last quarter, reporting revenues of $17.16 billion, up 1.1% year on year. It was a slower quarter for the company, with EPS in line with analysts’ estimates.

Is IBM a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, the market is expecting IBM’s revenue to grow 2.8% year on year, slowing from the 9.1% increase it recorded in the same quarter last year.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business will stay the course heading into earnings. IBM has missed Wall Street’s revenue estimates multiple times over the last two years.

Looking at IBM’s peers in the it services & other tech segment, some have already reported their Q3 results,…