IBM (IBM) Reports Q1 Earnings: What Key Metrics Have to Say

Financial Performance - For the quarter ended March 2025, IBM reported revenue of $14.54 billion, reflecting a 0.6$14.45 billion [1] - Earnings per share (EPS) for the quarter was $1.60, down from$1.68 in the same quarter last year, with an EPS surprise of +12.68% compared to the consensus estimate of $1.42 [1] Segment Performance - Consulting revenue was$5.07 billion, slightly below the average estimate of $5.09 billion, representing a -2.3$2.89 billion, exceeding the estimate of $2.83 billion, but showing a -6.2$6.34 billion, surpassing the estimate of $6.31 billion, with a +7.4$61 million, significantly below the estimate of $78.46 million, marking a -43.5$1.80 billion, slightly below the estimate of $1.88 billion, with no change year-over-year [4] - Infrastructure Support revenue was$1.20 billion, just under the estimate of $1.21 billion, reflecting a -7.7$1.60 billion, below the estimate of $1.64 billion, indicating an -11.1$1.85 billion, exceeding the estimate of $1.51 billion [4] - Segment Profit for Financing was$69 million, below the average estimate of $84.84 million [4] - Segment Profit for Infrastructure was$248 million, under the estimate of $282.23 million [4] - Segment Profit for Consulting was$558 million, significantly above the estimate of $388.71 million [4] Stock Performance - IBM shares have returned -3.6% over the past month, compared to the Zacks S&P 500 composite's -6.6% change [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]