Watson, Cloud Sales Key for IBM Third-Quarter Earnings
IBM is expected to report a year-over-year decline in third-quarter earnings and revenue after Monday's market close.
IBM (IBM) - Get Report is expected to report a year-over-year decline in third-quarter earnings and revenue after Monday's market close. Analysts are looking for adjusted earnings of $3.23 per share on revenue of $19.0 billion for the quarter. Last year at this time, IBM posted adjusted third-quarter earnings of $3.34 a share on $19.3 billion in revenue. Investors will be watching IBM's strategic initiatives such as Watson, cloud, analytics, mobile and security, all of which have double-digit growth profiles.
