earnings growth: Also see IBM plans to hire 25,000 workers over the next four years IBM IBM, -0.65% may meet fiscal 2016 expectations because of its stronger-than-expected quarterly earnings this year, but Credit Suisse analyst Kulbinder Garcha warned in a note to clients this week that eroding software sales may weigh on its fiscal 2017 guidance, according to Market Watch. We believe that a reset of expectations is looking increasing likely, he said. The company, which has been moving its business to a software-centric model from selling hardware in the past, has surpassed top- and bottom-line expectations every quarter this fiscal year, but earnings growth has been on a downtrend for two-and-a-half years. Here's what to expect Earnings Sell-side analysts surveyed by Fact Set expect IBM to report a profit of 4.88 a share, compared with 4.84 in the year-earlier period. IBM has surpassed the Fact Set consensus estimate for eight straight quarters. Contributors to Estimize, a software platform that uses crowdsourcing from hedge-fund executives, brokerages and buy-side analysts to predict earnings, expect IBM to report 4.93 a share.
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