IBM Quarterly Results Date
IBM Q3 2023 Earnings Call Date
IBM's quarterly results date for Q3 2023 has been announced. The company will release its financial results for the quarter on Thursday, October 19, 2023.
Earnings Call Details
The earnings call will be held at 5:00 PM Eastern Time on the same day. Investors and analysts will be able to listen to the call live on IBM's website. A replay of the call will also be available on the website after the call has concluded.
What to Expect from IBM's Q3 2023 Earnings
IBM's Q3 2023 earnings are expected to show continued growth for the company. Analysts are expecting IBM to report revenue of $16.4 billion, up 5% from the same quarter last year. Earnings per share are expected to be $2.18, up 10% from the same quarter last year.
Key Factors to Watch
There are several key factors to watch in IBM's Q3 2023 earnings report, including:
- Revenue growth in IBM's key businesses, such as cloud computing, artificial intelligence, and hybrid cloud.
- Profitability margins, which have been under pressure in recent quarters.
- The company's progress in reducing its debt load.
IBM's Outlook for the Rest of 2023
IBM has provided a positive outlook for the rest of 2023. The company expects revenue to grow in the mid-single digits and earnings per share to grow in the high-single digits.
Challenges and Opportunities
IBM faces several challenges and opportunities in the rest of 2023. The company must continue to execute on its strategic initiatives, such as cloud computing and artificial intelligence. IBM must also contend with macroeconomic headwinds, such as inflation and currency fluctuations.
Conclusion
IBM's quarterly results date for Q3 2023 is October 19, 2023. Analysts are expecting the company to report continued growth in revenue and earnings. IBM's outlook for the rest of 2023 is positive. The company expects to continue to grow revenue and earnings in the mid-single digits and high-single digits, respectively.
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