Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
20 October 2022 | Other

IBM expects strong full-year earnings

International Business Machines

IBM Corp's quarterly earnings results on Wednesday beat expectations, and company officials said they expect to beat full-year revenue growth targets as strong demand for the company's digital services helps offset the effects of a stronger dollar.

The software and IT services company focused on the so-called "hybrid cloud" after exiting its old managed IT infrastructure business and posted double-digit growth in all trading segments and regions in the third quarter at constant exchange rates.

IBM's earnings per share were $1.81, thereby beating estimates of $1.77.

Futurum Research analyst Daniel Newman believes IBM's earnings indicate that for technology companies specializing in the corporate sector, the effects of the recession may be more of a delayed nature.

Company MarketCheese

Recommended

United States. Atlanta Fed GDPNow. The value of the indicator has decreased from 3.6% to 3.5%
1 hour ago
European Union. Current Account. The value of the indicator has decreased from 27.2B to 8.7B
Today at 8:02 AM
United Kingdom. Unemployment Rate. The value of the indicator has decreased from 4.9% to 4.7%
Today at 6:00 AM
Canada. CPI (YoY). The value of the indicator has increased from 3% to 3.1%
Yesterday at 12:30 PM
China. Industrial Production (YoY). The value of the indicator has increased from 5.2% to 5.5%
Yesterday at 2:00 AM
Top news
European Union. Trade Balance. The value of the indicator has decreased from 10.7B to -16.1B
16 October
European Union. CPI (MoM). The value of the indicator remained at the same level of 0.6%
16 October
United States. Retail Sales (MoM). The value of the indicator has decreased from 1.3% to 0.8%
15 October
United States. CPI (YoY). The value of the indicator has increased from 3.4% to 3.7%
14 October
United States. Trade Balance. The value of the indicator has decreased from $-92.8B to $-105.6B
6 October
All news

Forecasts

Tesla Inc buy
Period: 01.11.2026 Expectation: 6300 pips
Buy Tesla stock with $430 in sight
Indicators and reports FA Other Chart analysis Hot news
Today at 08:51 AM 10
Sinclair_John
AUDUSD buy
Period: 20.11.2026 Expectation: 1200 pips
Invest in AUDUSD ahead of Fed and RBA meetings
Indicators and reports FA Other Chart analysis Hot news
Today at 06:56 AM 10
Reed_Marcus
Silver buy
Period: 19.11.2026 Expectation: 9435 pips
Buying silver up to $67.00
Indicators and reports FA Other Chart analysis Hot news
Yesterday at 10:16 AM 21
Reed_Marcus
Gold buy
Period: 31.10.2026 Expectation: 200 pips
Go long on gold with $4,375 in mind
Indicators and reports FA Other Chart analysis Hot news
Yesterday at 06:40 AM 30
Sinclair_John
GBPUSD buy
Period: 16.11.2026 Expectation: 5700 pips
Invest in GBPUSD up to 1.38700
Indicators and reports FA Other Chart analysis Hot news
16 October 2026 83
Sinclair_John
AUDCAD sell
Period: 31.10.2026 Expectation: 1300 pips
Selling AUDCAD from 0.9890
FA Other Chart analysis
16 October 2026 88
McCarthy_Raymond
Go to forecasts