Benzinga | Jan 24, 2022 04:12PM EST

IBM Q4 EPS $3.35 Beats $3.14 Estimate, Sales $16.70B Beat $16.06B Estimate

IBM (NYSE:IBM) reported quarterly earnings of $3.35 per share which beat the analyst consensus estimate of $3.14 by 6.69 percent. This is a 61.84 percent increase over earnings of $2.07 per share from the same period last year. The company reported quarterly sales of $16.70 billion which beat the analyst consensus estimate of $16.06 billion by 3.99 percent. This is a 18.00 percent decrease over sales of $20.37 billion the same period last year.