Benzinga | Jan 24, 2022 04:31PM EST

Recap: IBM Q4 Earnings

IBM (NYSE:IBM) reported its Q4 earnings results on Monday, January 24, 2022 at 04:10 PM.

Here's what investors need to know about the announcement.

Earnings

IBM beat estimated earnings by 6.69%, reporting an EPS of $3.35 versus an estimate of $3.14, which did not surprise analysts.

Revenue was up $3.67 billion from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.02, which was followed by a 9.56% drop in the share price the next day.

Here's a look at IBM's past performance:



Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020EPS Estimate 2.50 2.29 1.63 1.79EPS Actual 2.52 2.33 1.77 2.07Revenue Estimate 17.77B 18.29B 17.34B 20.67BRevenue Actual 17.62B 18.75B 17.73B 20.37B

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This article was generated by Benzinga's automated content engine and reviewed by an editor.