IBM (IBM) Tops Q1 Earnings and Revenue Estimates

IBM (IBM) came out with quarterly earnings of $1.60 per share, beating the Zacks Consensus Estimate of $1.42 per share. This compares to earnings of $1.68 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 12.68%. A quarter ago, it was expected that this technology and consulting company would post earnings of $3.73 per share when it actually produced earnings of $3.92, delivering a surprise of 5.09%. There are no easy answers t ...