International Business Machines Corporation reports results for the quarter ended September 30 - Earnings Summary

By Reuters News
  • International Business Machines Corporation IBM.N reported quarterly adjusted earnings of $2.95​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $2.65. The mean expectation of nineteen analysts for the quarter was for earnings of $2.86 per share. Wall Street expected results to range from $2.75 to $3.12 per share.

  • Revenue rose 4.7% to $17.10 billion from a year ago; analysts expected $16.82 billion.

  • International Business Machines Corporation's reported EPS for the quarter was $2.31​.

  • The company reported quarterly net income of $2.2 billion.

  • International Business Machines Corporation shares had risen by 10.0% this quarter and lost 18.3% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 0.3% in the last three months.​

  • In the last 30 days, five analysts negatively revised earnings estimates

RECOMMENDATIONS

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy," 12 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the it services & consulting peer group is also "buy"

  • Wall Street's median 12-month price target for International Business Machines Corporation is $239.00, about 5.2% below its last closing price of $251.46

This summary was machine generated from LSEG data October 21 at 09:00 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Sep. 30 2026

2.86

2.95

Beat

Jun. 30 2026

2.97

2.93

Missed

Mar. 31 2026

1.81

1.91

Beat

Dec. 31 2025

4.32

4.52

Beat

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