IBM shares surge 10% on earnings beat

Chairman, President and Chief Executive Officer of IBM Arvind Krishna attends the 55th annual World Economic Forum (WEF) meeting in Davos, Switzerland, Jan. 22, 2025.IBM reported fourth-quarter earnings on Wednesday that topped Wall Street expectations for earnings and revenue.The shares rose 10% in extended trading. It's the largest rise in IBM's stock price since March 2020. Here's how the company did versus LSEG consensus expectations:Earnings per share: $3.92, adjusted, versus $3.75 expectedRevenue: $17 ...