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via finance.yahoo.comTech & AI

IBM shares climb over 4% after third-quarter earnings beat

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com -- IBM shares rose more than 4% in after-hours trading on Wednesday, adding to a 3.96% gain during regular trading hours after the company reported third-quarter results that exceeded Wall Street expectations. Still guessing which stocks will beat the market? Our…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishA large technology company beating estimates on earnings and revenue and raising its free cash flow outlook can influence the IT sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01EPS of $2.95 versus $2.86 estimated.
  2. 02Revenue of $17.1 billion versus $16.82 billion consensus.
  3. 03Full-year free cash flow outlook raised by more than $1 billion; constant currency revenue growth guidance kept at 4% to 5%.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
International Business Machines CorporationIBMStock251.46 USDMarket closedtoday +3.94%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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