US stock futures flat after Wall St drops on Trump tariffs, soft jobs data
Investing.com - IBM reported on Monday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
IBM announced earnings per share of $3.35 on revenue of $16.7B. Analysts polled by Investing.com EPS of $3.3 on revenue of $16.09B.
IBM 's are down 3% and is trading at $137.99 , still down 15.61% from its 52 week high of $152.84 set on Thursday, June 10, 2021.
IBM shares gained 6.99% to trade at $137.99 in after-hours trade the report.
IBM follows other major Information Technology sector earnings this month
IBM's report follows an earnings beat by Taiwan Semiconductor on Thursday, January 13, 2022, who reported EPS of $1.16 on revenue of $15.85B, EPS of $1.12 on revenue of $15.69B.
ASML ADR had beat expectations on Wednesday with fourth quarter EPS of $4.98 on revenue of $5.66B, for EPS of $4.25 on revenue of $5.85B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar