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via finance.yahoo.comBusiness & Companies

IBM ahead of Q3 earnings: market expects revenue growth of 2.8% year on year

FROM THE WIRE · FINANCE.YAHOO.COM

IBM (IBM) Q3 Earnings Report Preview: What To Look For Technology and consulting giant IBM (NYSE:IBM) will be announcing earnings results this Wednesday after market hours. Here's what to look for. IBM missed analysts' revenue expectations last quarter, reporting revenues of…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralIBM's upcoming results from a large technology group are watched for whether revenue growth meets the slowing expectations.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01IBM will report third-quarter results on Wednesday after market hours.
  2. 02The market expects revenue growth of 2.8% year on year, slowing from 9.1% in the same quarter last year.
  3. 03IBM missed revenue estimates last quarter, reporting $17.16 billion, up 1.1% year on year.
  4. 04Analysts have generally reconfirmed their estimates over the last 30 days.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
International Business Machines CorporationIBMStock236.39 USDMarket closedtoday +1.83%Neutral Accenture plcACNStock236.93 USDMarket closedtoday +3.16%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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