Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



IBM Posts 6% Profit Rise in Q4, Beats on Guidance

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.

Read/Post Comments (0) | Recommend This Article (0)

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 Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2209146, ~/Articles/ArticleHandler.aspx, 9/30/2016 1:17:59 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 4 hours ago Sponsored by:
DOW 18,143.45 -195.79 -1.07%
S&P 500 2,151.13 -20.24 -0.93%
NASD 5,269.15 -49.39 -0.93%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/29/2016 4:01 PM
IBM $158.11 Down -0.18 -0.11%
IBM CAPS Rating: ****