# International Business Machines Corporation (IBM) — Q3-2014 Earnings Results

**Report date:** 2014-10-20 (before market open)  
**Sector:** Information Technology / IT Consulting & Other Services  
**Status:** reported  
**Source:** https://earningsnxt.ai/ticker/IBM/earnings/Q3-2014

## Post-Earnings Brief

### Headline

IBM Misses on EPS, Stock Down 7.11%

### Key Numbers

| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $3.68 | N/A | -14.54% |
| Revenue | N/A | N/A | N/A |

### Management Commentary

**Tone:** Defensive

Overall, management conveyed a cautious outlook, highlighting ongoing challenges in the market. They stressed the importance of their strategic initiatives.

**Key quotes:**

> Management acknowledged challenges in meeting earnings expectations.

> They emphasized a focus on long-term strategy despite short-term setbacks.

### Guidance Changes

No guidance updates were provided during the earnings call.

### What It Means

IBM's earnings report indicates a struggle to meet expectations, particularly with a notable EPS miss. The stock reacted negatively, dropping 7.11% as investors digested the disappointing results. The lack of revenue data and guidance further adds to uncertainty about the company's near-term performance.

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_AI-assisted analysis from EarningsNxt. Not financial advice. View full page: https://earningsnxt.ai/ticker/IBM/earnings/Q3-2014_