FTSE 100: Index falls as earnings results weigh; pound below $1.33, Bodycote soars
Investing.com - IBM reported on Monday third quarter earnings that matched analysts' forecasts and revenue that topped expectations.
IBM announced earnings per share of $2.58 on revenue of $17.56B. Analysts polled by Investing.com EPS of $2.58 on revenue of $17.54B.
IBM 's are down 6% and is trading at $125.16 , still down 20.93% from its 52 week high of $158.75 set on Thursday, February 6, 2020.
IBM shares lost 0.29% to trade at $125.16 in after-hours trade the report.
IBM follows other major Technology sector earnings this month
IBM's report follows an earnings matched by Taiwan Semiconductor on Wednesday, who reported EPS of $0.92 on revenue of $12.4B, EPS of $0.92 on revenue of $12.4B.
Accenture had missed expectations on Thursday, September 24, 2020 with fourth quarter EPS of $1.7 on revenue of $10.84B, for EPS of $1.73 on revenue of $10.93B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar