IBM is due to release quarterly earnings later today. Forecasts have earnings predicted at 2.80 per share, compared with the previous quarters earnings of 5.81. Investors themselves have been aggressively trading IBM today with the expectation that IBM will beat estimates, which could result in a continued rise if earnings exceed expectations. Should earnings only reach estimates or fail to meet expectations, IBM could drop from its current 2.43% improvement for the day.
April 20, 2015 – Stock Market News
IBM is due to release quarterly earnings later today. Forecasts have earnings predicted at 2.80 per share, compared with the previous quarters earnings of 5.81. Investors themselves have been aggressively trading IBM today with the expectation that IBM will beat estimates, which could result in a continued rise if earnings exceed expectations. Should earnings only reach estimates or fail to meet expectations, IBM could drop from its current 2.43% improvement for the day.
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