Benzinga | Oct 21, 2021 12:10PM EDT

IBM Q3 EPS $2.52 Beats $2.50 Estimate, Sales $17.60B Miss $17.77B Estimate

IBM (NYSE:IBM) reported quarterly earnings of $2.52 per share which beat the analyst consensus estimate of $2.50 by 0.8 percent. This is a 2.33 percent decrease over earnings of $2.58 per share from the same period last year. The company reported quarterly sales of $17.60 billion which missed the analyst consensus estimate of $17.77 billion by 0.96 percent. This is a 0.23 percent increase over sales of $17.56 billion the same period last year.