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GUIDANCE: (IBM) IBM Expects Q2 Adjusted EPS $2.93, vs. FactSet Est of $3.01

IBM (IBM) expects Q2 operating earnings of $2.93 per diluted share, up from $2.80 a year earlier, the company said Tuesday. Analysts polled by FactSet expect $3.01. Revenue for the quarter is expected to increase 1% to $17.2 billion. Analysts forecast $17.86 billion. IBM Chief Executive Arvind Krishna said that most of Q2's "shortfall" was due to the company failing to close "numerous large deals" based on expected timelines. IBM is set to release its Q2 results on July 22. Shares of IBM were down more than 18% premarket Tuesday.

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SquawkNews Newsroom 2 updates Updated Jul 14, 2026, 11:23 AM UTC

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11:12:48 AM UTC
SquawkNews
GUIDANCE: (IBM) IBM Expects Q2 Revenue $17.2B, vs. FactSet Est of $17.86B
11:23:56 AM UTC
SquawkNews
IBM (IBM) expects Q2 operating earnings of $2.93 per diluted share, up from $2.80 a year earlier, the company said Tuesday. Analysts polled by FactSet expect $3.01. Revenue for the quarter is expected to increase 1% to $17.2 billion. Analysts forecast $17.86 billion. IBM Chief Executive Arvind Krishna said that most of Q2's "shortfall" was due to the company failing to close "numerous large deals" based on expected timelines. IBM is set to release its Q2 results on July 22. Shares of IBM were down more than 18% premarket Tuesday.

IBM (IBM) expects Q2 operating earnings of $2.93 per diluted share, up from $2.80 a year earlier, the company said Tuesday.

Analysts polled by FactSet expect $3.01.

Revenue for the quarter is expected to increase 1% to $17.2 billion.

Analysts forecast $17.86 billion.

IBM Chief Executive Arvind Krishna said that most of Q2's "shortfall" was due to the company failing to close "numerous large deals" based on expected timelines.

IBM is set to release its Q2 results on July 22.

Shares of IBM were down more than 18% premarket Tuesday.