IBM earnings: What to expect after the bell

International Business Machines Corp. is scheduled to announce its third-quarter earnings after the market closes Monday. Here’s what you need to know: EARNINGS FORECAST: Analysts on average expect GAAP earnings per share of $2.91 for the quarter ending in September, according to a FactSet poll of analysts. That’s down 3.6% from the year-earlier period. REVENUE FORECAST: Wall Street analysts believe IBM’s revenue will notch its 18th consecutive quarterly decline. Analysts expect revenue of $19.01 billion for the quarter, down 1.4% from the same period last year. WHAT TO WATCH: GUIDANCE: IBM has forecast earnings per share of $13.50 for the fiscal year, with the second half of the year expected to deliver about 61% of the total. Investors will be watching to see if IBM is still on track with…


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