IBM Earnings Preview: 7% Free Cash Flow Yield As EPS Estimates Creep Higher

Brian Gilmartin, CFA
10.85K Followers
(9min)

Summary

  • IBM is scheduled to report their Q4 ’24 earnings on Wednesday, January 29th, 2025.
  • Sell-side consensus is expecting $3.75 in earnings per share on $17.45 billion in revenue for an expected y-o-y decline of 3% in EPS on flat or zero revenue growth y-o-y.
  • The company is also expecting $4.29 billion in operating income, which would actually be 14% y-o-y growth for that key metric.
  • For Q1 ’25, the Street consensus is looking for $1.56 in EPS, $14.6 billion in revenue and $2 billion in operating income for expected y-o-y growth of -7%, +1% and +23% respectively.

Sign of IBM on the office building

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IBM (NYSE:IBM) is scheduled to report their Q4 ’24 earnings after the close of business on Wednesday, January 29th, 2025.

Sell-side consensus is expecting $3.75 in earnings per share on $17.45 billion in revenue for an expected y-o-y decline of

This article was written by

10.85K Followers
Brian Gilmartin, is a portfolio manager at Trinity Asset Management, a firm he founded in May, 1995, catering to individual investors and institutions that werent getting the attention and service deserved, from larger firms. Brian started in the business as a fixed-income / credit analyst, with a Chicago broker-dealer, and then worked at Stein Roe & Farnham in Chicago, from 1992 - 1995, before striking out on his own and managing equity and balanced accounts for clients. Brian has a BSBA (Finance) from Xavier University, Cincinnati, Ohio, (1982) and an MBA (Finance) from Loyola University, Chicago, January, 1985. The CFA was awarded in 1994. Brian has been fortunate enough to write for the TheStreet.com from 2000 to 2012, and then the WallStreet AllStars from August 2011, to Spring, 2012. Brian also wrote for Minyanville.com, and has been quoted in numerous publications including the Wall Street Journal.

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