International Business Machines Corporation (NYSE:IBM) Yearly Sales Target At $21318.5

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The EPS projection of International Business Machines Corporation (NYSE:IBM) for quarter ended 2016-09-30 is $3.24. A week before, the EPS forecast was $3.24 against target of $3.24, a month earlier. This estimate stood at $3.24 60 days earlier versus forecast of $3.24 90 days earlier, confirming a deviation of 0%.

International Business Machines Corporation (NYSE:IBM) reported that 18 days ago, the positive EPS revisions were 0 and negative revisions at 6.

In last week, the per-share earnings was lowered 0 times and 0 times positively. In last 120, 60, 30 and 90 days the positive revisions were 5, 0, 0 and 5, respectively.

The downgrade of EPS estimates for International Business Machines Corporation (NYSE:IBM) in the preceding 120, 60, 30 and 90 days were 1, 0, 0 and 1, in that order.

Earnings Surprises

As per the latest update, for the quarter closed 1, the EPS estimate of International Business Machines Corporation (NYSE:IBM) was $3.24. This projection was computed after accounting 8 calls. As reported on 2016-04-18 the EPS was $2.35. The change was $0.26, demonstrating a percentage deviation of 12.44%. The projections confirmed a standard deviation of 0.05.

Quarterly Sales Estimates

For the fiscal 2017, the yearly sales target for International Business Machines Corporation (NYSE:IBM) stands at $21318.5 and the median estimate at $21318.5. Almost 2 analysts announced their estimates.

The highest estimate is $21720 while the lowest target is $20917 showing standard deviation of 567.806%.

As many as 2 analysts released sales estimates reised in upside while 2 reduced sales estimates, demonstrating a deviation of 0%.

In last month, 2 revised sales number projection on upside while 2 lowered the sales target, demonstrating a deviation of 0%.

A quarter ago, 2 hiked sales estimations and 2 reduced sales forecast. International Business Machines Corporation (NYSE:IBM) stated that the change in forecast was 1.367%.

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