eBay And IBM Expected To Report High In Its Quarter Results That Will Be Out Soon Today

Posted on Jul 18 2012 - 7:22pm by Editorial Staff

eBay and IBM second quarter result are just an hour ago, and with what the Market Watch put up the picture that both the companies are going to report an up in its result. According to the publication:

eBay is expected to report earnings of 55 cents a share, up 15% from the second quarter of last year, according to analysts polled by FactSet. Revenue at the online auctioneer is expected to jump 22% to $3.36 billion. Read preview of eBay’s results.

IBM  is expected to post an 11% rise in second-quarter earnings to $3.42 a share. But revenue is likely to decline 1% to $26.3 billion.

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