IBM (IBM), one of the few tech giants that has survived since the 1950s, reports its first-quarter 2018 financial results after the market close on Tuesday, April 17, 2018.
Street consensus is looking for $2.42 on $18.8 billion in revenue for expected year-over-year (y/y) growth of 2% and 4%, respectively.
Not exactly shooting the lights out from a growth perspective.
However, this will be the second consecutive quarter of y/y organic revenue growth for IBM, with Q4 '17 breaking a 22-23 quarter drought of declining or flat revenue.
The weak dollar will help IBM, as will what is expected to be a decent quarter for the Systems business, which had a better-than-expected Q4 '17, on the launch of the new zServer.
