IBM Corp. (IBM) reported first quarter operating net income of $3.00 per share after the bell Thursday, up from $2.78 per share last year. The consensus estimate was for EPS of $3.05. IBM reiterated its expectation for full-year 2013 operating earnings per share of at least $16.70. Analysts currently expect the company to earn $16.77 per share.
IBM gapped open dramatically lower Friday and declined during the first half of the morning. The stock slipped further in the early afternoon and finished with a loss of 17.15 at $190.00 on the highest volume of the year. IBM sank to a 3 1/2 month low and dropped below its 200-day moving average.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.