IBM investors are hoping for a good earnings report

Ginni Rometty IBMIBMIBM CEO Ginni Rometty

IBM is just about to report earnings and the stock has been up almost 4% today in anticipation.

Analysts expect:

  • $US19.73 billion in revenue, a 12% decline in revenues from a year ago
  • EPS of $US2.82.

Investors have been warned that the stock will be hit hard from foreign exchange currency headwinds, so investors will be ready to look past that for news that IBM’s turnaround is working. They will be looking for growth in IBM’s strategic businesses especially cloud computing.

More to come. Click here to refresh.

NOW WATCH: The science behind why technology is so addictive

NOW WATCH: Tech Insider videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at