IBM (IBM) Up 12.7% Since Last Earnings Report: Can It Continue?

A month has gone by since the last earnings report for IBM (IBM) . Shares have added about 12.7% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is IBM due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts.How Have Estimates Been Moving Since Then?It turns out, estimates re ...