BOSTON ( TheStreet Ratings) -- IBM (IBM - Get Report) is scheduled to report second-quarter earnings after the stock market closes today, with analysts forecasting year-over-year improvements in earnings and revenue.Analysts are expecting the global technology firm to report earnings per share of $3.03, compared with $2.61 a year earlier. Revenue is estimated to increase 7% to $25.4 billion from $23.7 billion due to improved demand within its systems technology segment. Growth in IBM's cloud offerings are also providing a source of growth, as management has noted that cloud related revenue is expected to double in 2011.
IBM's Growth Fueled by Cloud Computing
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