By Supriyo Bose
Publication Date: 2026-04-16 13:34:00
International Business Machines Corporation IBM is scheduled to report first-quarter 2026 earnings on April 22. The Zacks Consensus Estimate for sales and earnings is pegged at $15.56 billion and $1.82 per share, respectively. Earnings estimates for IBM for 2026 and 2027 have declined 0.3% each to $12.38 and $13.32, respectively, over the past 60 days.
IBM Estimate Trend
Image Source: Zacks Investment Research
The cloud and data platform provider delivered a four-quarter earnings surprise of 7.9%, on average, beating estimates on each occasion. In the last reported quarter, the company pulled off an earnings surprise of 4.4%.
Image Source: Zacks Investment Research
Our proven model predicts an earnings beat for IBM for the first quarter. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. This is perfectly the…