In the last four consecutive quarters, on average, the company has delivered earnings of over 5%. The better-than-expected results, which will be announced on Monday, July 19, would help the stock recover its last year’s losses. “We expect IBM to marginally beat the consensus estimates for revenues and earnings. The company has reported better than expected earnings figures in each of the last four quarters while revenue beat consensus in three of the last four quarters,” noted analysts at Trefis. In the last four consecutive quarters, on average, the company has delivered earnings of over 5%.

Source: Daily Nation July 18, 2021 11:03 UTC