Search
 

IBM Won't Set Profit Goal

As revenues continue to decline, IBM's CEO says the company won't hit its original 2015 EPS target; CFO says they're unlikely to set a replacement goal.

X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

International Business Machines Corp. doesn’t plan to lock itself into another precise earnings forecast after ditching its long-held goal for 2015 profit.

Chief Financial Officer Martin Schroeter said IBM is unlikely to put in place another “absolute” earnings-per-share (EPS) roadmap. He said there’s still value in laying out the complex company’s strategy for investors.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.

Already have an account?

Dig Deeper

Recommended Stories

Robust Rebound for the U.S.

Aaron Rutstein |

The speed and consistency of the economic recovery will depend on political stability and continued vaccination progress.

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.