2015 earnings forecast

Overreaction to a 1¢ Earnings Miss? Maybe Not

IBM Lowers Forecast, Stock Tanks “IBM forecast earnings for 2015 of $15.75 to $16.50 per share, below the $16.51 per share average estimate on Wall Street.  The company’s stock fell 2% in after-hours trading.” –“At IBM, a Weak Streak Persists”; The WSJ (1/21/15) At first blush, it seems like a classic overreaction:  a storied company...
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