Market Info

Reported 4/19/2021 Market Close

4/20/2021 price change at open: 2.97%

Ticker: NYSE: IBM

Shares Outstanding: 890.0M

Market Cap: $124.3B

Income Statement

• Q1 2021 Net Sales up .91% from Q1 2020 from $17.57B to $17.73B
• Gross Profit up 3.54% from Q4 2020 from $7.92B to $8.20B
  • Gross Profit Margin up 120 bps from 45.1% to 46.3%
• Net Income decreased (18.72%) from Q1 2020 from $1175M to $955M
• Fully-diluted EPS as reported decreased (3.80%) from $1.84 to $1.77

Balance Sheet

• Cash: $14.28B
• Debt: $61.54B

Analyst Consensus

• Analyst Consensus estimate: Adjusted Diluted EPS: $1.69
• Q1 FY21 Adjusted Diluted EPS: $1.77; surpassed analyst consensus

Report created 4/13/2021

With questions or concerns please contact:

Mat Merchel – Analyst

Email: mmerchel@martinwolf.com

Phone: 925.215.2765