Tags: US | IBM | Outlook

IBM Expects Earnings of $20 Per Share in 2015

Wednesday, 12 May 2010 11:33 AM

IBM Corp. says it expects to earn at least $20 per share in 2015.

IBM CEO Sam Palmisano gave the forecast during an investor meeting Wednesday. The company's stock is up $3.27, or 2.6 percent, to $130.16.

IBM, which is expecting earnings of at least $11.20 per share this year, has been benefiting healthier corporate spending on technology as the recession wanes. Its first-quarter earnings climbed 13 percent from the year before to $2.6 billion. Revenue was up 5 percent at $22.9 billion.

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IBM Corp. says it expects to earn at least $20 per share in 2015.IBM CEO Sam Palmisano gave the forecast during an investor meeting Wednesday. The company's stock is up $3.27, or 2.6 percent, to $130.16.IBM, which is expecting earnings of at least $11.20 per share this...
US,IBM,Outlook
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2010-33-12
Wednesday, 12 May 2010 11:33 AM
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