IBM shares rise 8% on earnings beat

IBM shares rise 8% on earnings beat

Chairman, President and Chief Executive Officer of IBM Arvind Krishna attends the 55th annual World Economic Forum (WEF) meeting in Davos, Switzerland, Jan. 22, 2025. 

Yves Herman | Reuters

IBM reported fourth-quarter earnings on Wednesday that topped Wall Street expectations for earnings and revenue.

The shares rose as much as 10% in extended trading before giving up gains and settling at 8%.

Here’s how the company did versus LSEG consensus expectations:

  • Earnings per share: $3.92, adjusted,…

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https://www.cnbc.com/2025/01/29/ibm-beats-profit-estimates-as-software-business-surges-on-ai-shift.html

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