Compared to Estimates, IBM (IBM) Q1 Earnings: A Look at Key Metrics

IBM (IBM) reported $14.46 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 1.5%. EPS of $1.68 for the same period compares to $1.36 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $14.57 billion, representing a surprise of -0.75%. The company delivered an EPS surprise of +5.66%, with the consensus EPS estimate being $1.59.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they c ...