Core Viewpoint - IBM is expected to report higher revenues in its Software segment for the fourth quarter of 2024, driven by product innovation and strong AI traction across various sectors [1]. Group 1: Software Segment Performance - The Software segment includes Hybrid Platform & Solutions, which encompasses software services, Red Hat, automation, and data & AI businesses, as well as Transaction Processing [2]. - The Zacks Consensus Estimate for Software revenues is projected at $7.82 billion, an increase from $7.51 billion in the same quarter last year, indicating a year-over-year rise of approximately 4.1% [8]. Group 2: Product Innovations and Acquisitions - IBM introduced the IBM Guardium Data Security Center to enhance data security across diverse environments, featuring a consolidated dashboard for monitoring and governance [3]. - The company acquired Prescinto, a provider of asset performance management software for the renewable energy sector, which integrates AI technology to improve asset management functionalities [5]. - The integration of Prescinto's technology is expected to enhance IBM's Maximo Application Suite capabilities, strengthening its position in the energy and utility sector [6]. Group 3: Strategic Partnerships - IBM formed a strategic partnership with Lockheed Martin to integrate its Granite large language models, aimed at accelerating AI-driven innovation in aerospace and defense applications, likely contributing to incremental revenues in the Software segment [7]. Group 4: Overall Financial Expectations - The total revenue consensus estimate for IBM stands at $17.56 billion, compared to $17.38 billion in the prior-year quarter, while the earnings consensus is pegged at $3.74 per share, down from $3.87 in the same quarter last year [9]. - IBM's earnings model suggests a likely earnings beat for the fourth quarter, supported by a positive Earnings ESP of +0.31% and a Zacks Rank of 3 [10].

Core Viewpoint - IBM is expected to report higher revenues in its Consulting segment for the fourth quarter of 2024, driven by increased demand for technology consulting and business transformation services [1]. Factors at Play - The Consulting segment includes Business Transformation, Technology Consulting, and Application Operations, providing consulting and application management services that leverage industry, technology, and business strategy [1]. - IBM Consulting launched Autonomous Security for Cloud, an AI-driven solution for automating cloud security management, aimed at enhancing cloud adoption on Amazon Web Services [2]. - The capabilities of IBM Consulting Advantage have been expanded, utilizing Granite 3.0 large language models to improve clients' return on investments, with specific solutions for Business Operations and Cloud Transformation [3]. - In collaboration with Dun & Bradstreet, IBM Consulting services supported the development of a generative AI assistant, D&B Ask Procurement, powered by IBM watsonx technology [4]. - IBM formed a multi-year strategic partnership with Ferrari to enhance fan engagement and data analytics, which is expected to generate additional revenues in the Consulting segment [5]. Overall Expectations - The Zacks Consensus Estimate for Consulting revenues is $5.27 billion, up from $5.04 billion in the same quarter last year, with an estimated revenue of $5.38 billion indicating a 2% year-over-year improvement [6]. - The total revenue estimate for IBM stands at $17.56 billion, compared to $17.38 billion in the prior-year quarter, with earnings expected to be $3.74 per share, down from $3.87 [7]. Earnings Whispers - IBM is predicted to likely beat earnings expectations for the fourth quarter, supported by a positive Earnings ESP of +0.31% and a Zacks Rank of 3 [8].

International Business Machines (IBM 0.21%) is set to report its fourth-quarter results after the market closes on Wednesday, Jan. 29. IBM stock has surged 65% over the past three years as the company spun off a big low-growth business and settled into a strategy focused on hybrid-cloud and AI platforms.With IBM trading near its all-time high, is it smart to buy the stock now or wait until the earnings dust has settled?For long-term investors, timing doesn't really matterShares of IBM could do just about an ...

Global survey reveals 75% of surveyed organizations pursuing a consolidated approach to security agree better integration across security, hybrid cloud, AI and other technology platforms is crucialARMONK, N.Y. and SANTA CLARA, Calif., Jan. 28, 2025 /PRNewswire/ -- New global research from the IBM (NYSE: IBM) Institute for Business Value (IBV) and Palo Alto Networks® (NASDAQ: PANW), found that surveyed organizations are facing security complexity challenges as they juggle an average of 83 different security ...

jozzeppe IBM (NYSE:IBM) is scheduled to report their Q4 ’24 earnings after the close of business on Wednesday, January 29th, 2025. Sell-side consensus is expecting $3.75 in earnings per share on $17.45 billion in revenue for an expected y-o-y decline of ...

International Business Machines (IBM -0.55%) has redefined itself as a cloud and artificial intelligence (AI) company. Its role in fostering a hybrid cloud and its watsonx AI have again made it a company to watch in the technology space.A part of IBM that may have received less coverage is its role in quantum computing. In many respects, IBM leads the way in that industry, and many investors may wonder whether that cutting-edge technology makes IBM stock a buy.IBM stock and quantum computingQuantum computin ...

SAN FRANCISCO, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Fresche Solutions, a global leader in IBM i modernization and transformation, acquires OmniData Insights, a Microsoft Gold-certified leader specializing in AI-enabled Data and Analytics modernization. This strategic move marks a significant step forward in diversifying Fresche’s portfolio of solutions and services and reinforces its dedication to address the growing customer demand for advanced AI-enabled Data Analytics. The acquisition of a leading data sol ...

International Business Machines Corporation (IBM) recently collaborated with global technology group, e&, to launch a pioneering, end-to-end, multi-model Generative AI governance solution. Announced at the World Economic Forum 2025, this partnership aims to enhance e&’s AI governance framework, reinforcing its commitment to upholding compliance, oversight and ethical practices in the rapidly evolving AI ecosystem.Digging Deep Into IBM-e& CollaborationThe new solution will integrate IBM's state-of-the-art wa ...

International Business Machines Corporation (IBM) is scheduled to report fourth-quarter 2024 earnings on Jan. 29. The Zacks Consensus Estimate for sales and earnings is pegged at $17.6 billion and $3.74 per share, respectively. Earnings estimates for IBM for 2024 have remained steady at $10.16 per share over the past 60 days while the same for 2025 have declined to $10.61 per share from $10.63.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.IBM Estimate TrendImage Source: Zacks Invest ...

DUBAI, UAE, Jan. 22, 2025 /PRNewswire/ -- e&, a global technology group, has collaborated with IBM (NYSE: IBM) to deploy a pioneering, end-to-end, multi-model Artificial Intelligence (AI) and Generative AI governance solution. Announced today at the World Economic Forum 2025 in Davos, this collaboration intends to enhance e&'s AI governance framework to promote compliance, oversight, and ethical practices across its growing AI ecosystem, reinforcing e&'s commitment to establishing robust governance, risk ma ...