13 min listen
Earnings Alert: IBM Corp. (IBM)
FromSchwab Network
ratings:
Length:
7 minutes
Released:
Jul 18, 2022
Format:
Podcast episode
Description
IBM Corp. (IBM) ended the second quarter with $7.8B cash on hand. The IBM earnings report indicated $2.31 in EPS and $15.54B in revenue, beating the estimates. However, the IBM stock price was trading lower in the after hours session. "Total return on the IBM stock has been 5% this year. As soon as investors want growth stocks again, they will shift away from IBM," says George Tsilis.
Released:
Jul 18, 2022
Format:
Podcast episode
Titles in the series (100)
Nikola Founder Trevor Milton On The Electric Vehicle Industry by Schwab Network