IBM Issues Pre-Earnings Warning, Stock Drops Sharply

IBM issued an unexpected pre-earnings warning that caused its stock to crash by over 20% in premarket trading. The company expects Q2 sales of $17.2 billion and non-GAAP earnings of $2.93 per share, both below analyst estimates.

By Brian Sozzi · Executive Editor Updated Tue, July 14, 2026 at 3:15 PM GMT+3 1 min read · Yahoo Finance · July 14, 2026, 12:15 UTC

IBM Issues Pre-Earnings Warning, Stock Drops Sharply

Tickers: $IBM

Topics: IBM mainframe_sales_shortfall stock_crash turnaround_issue

Read the full article at Yahoo Finance

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