Don't let it get away!
Keep track of the stocks that matter to you.
Help yourself with the Fool's FREE and easy new watchlist service today.
Reporting its Q4 and 2012 results today,IBM (NYSE: IBM) posted net income of $5.8 billion, or $5.13 per share, on a diluted basis. That was a 6% improvement over the same period the previous year. If special items weren't included in the latter figure, it would have come in at $5.39, trumping analyst expectations of $5.25. Revenue was slightly lower, at $29 billion, when compared with Q4 2011. That broadly met the market's expectations.
For the full year, net income came in at $16.6 billion ($14.37 diluted EPS) on revenue of $105 billion. Those figures were 5% higher and 2% lower, respectively, on a year-over-year basis.
IBM also posted guidance that exceeded what the market anticipated. For full-year 2013, the company believes it will take in $16.70 per share in adjusted earnings, slightly above the average analyst estimate of $16.65. Looking further down the road, IBM hopes to post a minimum of $20 per share in 2015.
RSS Headlines
Fool UK
Comments from our Foolish Readers
Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the
Report this Comment icon found on every comment.
Be the first one to comment on this article.