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Feature Article

01/18/2018 - 12:59pm By: The Fly

IBM (IBM) is scheduled to report results of its fourth fiscal quarter after the market close on October 17, with a conference call scheduled for 5:00 pm ET. What to watch for: 1. Q4 REVENUE CONSENUS UP A TICK: On its third quarter earnings conference call, IBM said that it expects a $2.8B-$2.9B increase in Q4 sales from Q3, including a $300M-$400M boost from hardware sales in Q4. At the time, analysts were expecting the company to report Q4 revenue of $21.8B, but that figure has since risen to $22.05B. Additionally, the company backed its fiscal 2017 adjusted EPS guidance of at least $13.80 in its last report. At the time, analysts were looking for FY17 EPS of $13.75, and that figure has also since risen to $13.81. 2. NEW CFO: On January 11, IBM said that Chief Financial Officer...

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