International Business Machines Corp. (IBM) Q2 Earnings Preview

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HFA Staff
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The technology giant delivered disappointing earnings last quarter and recently started cutting staff. Will Q2, 2013 be any better for CEO Ginni Rometty and the IBM team? The answer will come on July 17 after U.S. markets close. The consensus estimate of analysts polled by Thomson Reuters looks for International Business Machines Corp. (NYSE:IBM) to report earnings per share minus items of $3.77. That would be a 7 percent increase from the year-earlier quarter and the second quarter in a row of single-digit growth, after 15 straight quarters of double-digit EPS growth. The consensus revenue estimate is $25.4 billion, down 1…

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