IBM Shares Rise Amid Q2 Earnings Beat, Up 9.4%

IBM (IBM) stock has returned +3.8% over the past month, outperforming the Zacks S&P 500 composite's -0.8% change. The Zacks Computer - Integrated Systems industry has gained 9% over this period. Analysts expect IBM to post earnings of $2.90 per share for the current quarter, a +9.4% change from the year-ago quarter. The consensus earnings estimate for the current fiscal year is $12.33, a +6.4% change from the prior year.