International Business Machines (NYSE:IBM) Third Quarter 2022 ResultsKey Financial Results
- Revenue: US$14.1b (up 6.5% from 3Q 2021).
- Net loss: US$3.21b (down by 410% from US$1.04b profit in 3Q 2021).
- US$3.56 loss per share (down from US$1.16 profit in 3Q 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
International Business Machines Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 4.1%. Earnings per share (EPS) missed analyst estimates.
Looking ahead, revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 11% growth forecast for the IT industry in the US.
The company's share price is broadly unchanged from a week ago.
Risk AnalysisYou still need to take note of risks, for example - International Business Machines has 4 warning signs (and 1 which makes us a bit uncomfortable) we think you should know about.
What are the risks and opportunities for International Business Machines?
Trading at 32.8% below our estimate of its fair value
Earnings are forecast to grow 70.8% per year
Debt is not well covered by operating cash flow
Significant insider selling over the past 3 months
Profit margins (2.3%) are lower than last year (4.6%)
Large one-off items impacting financial results
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International Business Machines
International Business Machines Corporation provides integrated solutions and services worldwide.
The Snowflake is a visual investment summary with the score of each axis being calculated by 6 checks in 5 areas.
|Analysis Area||Score (0-6)|
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Established dividend payer with reasonable growth potential.