IBM beats Q1 earnings and revenue estimates, but future stock performance is uncertain.
From NASDAQ: 2025-04-23 17:15:00
IBM reported quarterly earnings of $1.60 per share, beating expectations. The company posted revenues of $14.54 billion, surpassing estimates by 0.66%. IBM shares have gained 9.6% this year. Future stock performance depends on earnings outlook and industry trends. Advanced Micro Devices is set to report with expectations of $0.93 EPS and $7.12 billion in revenues.
Investors are questioning the future of IBM’s stock performance. Earnings estimate revisions and industry outlook will impact stock movement. Zacks Rank currently rates IBM as #3 (Hold). Analysts expect $2.65 EPS and $16.35 billion revenues for the next quarter. IBM’s industry ranks in the bottom 21% of Zacks industries.
Zacks Investment Research offers insights on IBM and other stock recommendations. The Zacks Rank system has historically outperformed the market. For more information and to access free reports, visit Zacks Investment Research. Advanced Micro Devices is another stock to watch in the same industry, with upcoming earnings expectations.
Read more at NASDAQ: IBM (IBM) Tops Q1 Earnings and Revenue Estimates
