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IBM (IBM) Beats Q3 Earnings and Revenue Estimates

IBM (IBM) came out with quarterly earnings of 2.65pershare,beatingtheZacksConsensusEstimateof2.65 per share, beating the Zacks Consensus Estimate of 2.44 per share. This compares to earnings of 2.3pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof+8.612.3 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +8.61%. A quarter ago, it was expected that this technology and consulting company would post earnings of 2.64 per share when it actually produced earnings of $2.8, delivering a surprise of +6.06%.Over the last four quarters, t ...