LIVE: here come IBM earnings

IBM Virginia Rometty

Brendan McDermid/Reuters

IBM CEO Ginni Rometty

IBM is due to report earnings on Tuesday afternoon after the close of market.

Shares of IBM have increased 27% so far this year, as the company sheds underperforming businesses. But there are big questions about its planned $34 billion acquisition of RedHat.

Here's what Wall Street is expecting:

  • Revenue: $18.51 billion, down from $19.1 billion, according to analyst expectations.
  • EPS (adjusted): $2.22, according to analyst expectations.

Last quarter, IBM announced that it showed annual revenue growth for the first time since 2011.

Business Insider will be covering IBM's Q1 financial results as soon as they are released so refresh this page or click here for real time updates.Advertisement

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