International Business Machines (NYSE:IBM) is scheduled to release last fiscal quarter's results after the closing bell on January 19, 2012.
International Business Machines Corporation provides information technology [IT] products and services worldwide. The company was founded in 1910 and is based in Armonk, New York. IBM trades an average of 4.9 million shares per day.
52 Week High: $194.90
52 Week Low: $151.71
Book Value: $18.91
Float Short: 1.25%
Analysts are expecting an improvement of $1.34 in earnings per share compared to last quarter's results of $3.28. The reporting quarter's estimated mean earnings are $4.62 per share.Analyst estimates range between $4.57 and $4.72 per share.
The current trailing twelve months P/E ratio is 14.2. The forward P/E ratio is 12.3.
Investors have been rewarded with an increase of year-over-year revenue. Revenue reported was $99.87 billion for 2010 vs. $95.76 billion for 2009. The bottom line has rising earnings year-over-year of $14.83 billion for 2010 vs. $13.43 billion for 2009.The company's earnings before interest and taxes are rising with an EBIT year-over-year of $19.31 billion for 2010 vs. $18.19 billion for 2009.Rising revenue along with rising earnings is a very good sign and what we want to see with our companies. Be sure to check the margins to make sure that the bottom line is keeping up with the top line.
Here is a look at the fiscal year revenue.
|Fiscal Quarter Ending Month-Year||Revenue Estimates||Actual||$ Difference||Difference %|
|Sep-11||$ 26.26 B||$ 26.16 B||$ -99.30 M||-0.38%|
|Jun-11||$ 25.35 B||$ 26.67 B||$ 1.32 B||5.21%|
|Mar-11||$ 24.00 B||$ 24.61 B||$ 607.10 M||2.53%|
|Dec-10||$ 28.26 B||$ 29.02 B||$ 757.30 M||2.68%|
|Sep-10||$ 24.13 B||$ 24.27 B||$ 140.80 M||0.58%|
M = millions, B = billions
Differences are rounded. (Some onetime items are often excluded in reported EPS)
The total short interest number of shares for IBM
I use a proprietary blend of technical analysis, financial crowd behavior, and fundamentals in my short-term trades, and while not totally the same in longer swing trades to investments, the concepts used are similar. You may want to use this article as a starting point of your own research with your financial planner. I use Seeking Alpha, Edgar Online, and Yahoo Finance for most of my data. I use the "confirmed" symbols from earnings.com that I believe to be of the most interest.
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