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International Business Machines Corporation (NYSE:IBM ) Q4 2024 Earnings Conference Call January 29, 2025 5:00 PM ET Company Participants Olympia McNerney - Global Head of IR Arvind Krishna - Chairman, President and CEO James Kavanaugh - SVP and CFO Conference Call Participants Amit Daryanani - Evercore ISI Wamsi Mohan - Bank of America Jim Schneider - Goldman Sachs Ben Reitzes - Melius Research Bo Yin - Jefferies Erik Woodring - Morgan Stanley Operator Welcome, and thank you for standing by. [Operator Instructions] Today's conference is being recorded.
While the top- and bottom-line numbers for IBM (IBM) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Microsoft, Meta, IBM and ServiceNow all outperformed earnings estimates, while Tesla came up short.
IBM (IBM) came out with quarterly earnings of $3.92 per share, beating the Zacks Consensus Estimate of $3.73 per share. This compares to earnings of $3.87 per share a year ago.
IBM stock popped as Q4 earnings and revenue topped Wall Street estimates while 2025 revenue guidance came in above expectations. The post IBM Earnings Beat.
CNBC's Seema Mody joins 'Closing Bell Overtime' to talk IBM earnings.
For the December quarter, the technology company reported earnings of $3.92 a share versus the consensus estimate of $3.78 a share.
IBM reported fourth-quarter earnings on Wednesday that topped Wall Street expectations for earnings and revenue. The shares rose in extended trading.
Shares of International Business Machines Inc. rallied after hours on Wednesday after the tech-infrastructure provider reported a quarterly per-share profit that beat expectations.
IBM surpassed analysts' estimates for fourth-quarter profit on Wednesday, driven by demand in its high-margin software unit as businesses ramped up IT spending, sending its shares soaring about 10% in extended trading.