IB
International Business Machines Corporation
IBM · International Business Machines Corporation · IT
Up next day
5/12
42%
Fell despite growth
4/12
Good earnings ignored
Avg earnings move
±4.3%
typical swing on earnings
Price when beating
-2.3%
avg over 11 beats
Biggest single move
-8.3%
'26.3 · largest reaction
How this stock reacts to earnings
Traits seen across its recent earnings reactions
Even strong results barely move the stock
Up the next day 4 of 11 beats (36%)
Tends to keep drifting the same way for days
Day-one direction continued · 83% of last 12
vs IT sector avg (177 peers)
This
-2.1%
Sector
+0.8%
Avg next-day reaction
Earnings number vs guidance — which drives it?
How often the beat/miss matched the actual price move
This stock reacts more to guidance & expectations than the reported number
Moved opposite to results 8 of last 12 times (67%)
7xBeat but fell
Even a beat sells off if guidance disappoints
1xMissed but rose
Even a miss rebounds if guidance reassures
Earnings timeline · tap a bar for that quarter
Oct 21After close
'26.9 expectedEst. EPS $2.89
Quarter ended 6/2026
Reported 2026-07-22
Next-day move
+0.4%
After 5 days +10.1%
vs Consensus$2.93→$2.93-0.1% miss
EPS
$2.93
YoY +5%
Revenue
$17.2B
YoY +1%
Next-Q guidance
—
N/A
Price around earnings
vs market +1.7%p-19% dip before
Earnings trend · last 12 quarters
EPS$2.93YoY +5%
'23.9'26.6
Revenue$17.2BYoY +1%
'23.9'26.6
Price vs earnings · last 12 quarters
↑Up↓Down
Bad news out
weak · up ↑
0x
Met expectations
good · up ↑
5x42%
Disappointment
weak · down ↓
1x8%
Good earnings ignored
good · down ↓
6x50%
← ← Weak earningsStrong earnings → →
Even on good earnings, the price often fell — earnings poorly reflected · 6 of 12q (50%)
Community · IBM
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