Should You Avoid IBM ETFs In Q2 Earnings?

International Business Machines (IBM - Free Report) is scheduled to report second-quarter 2017 results on July 18 after market close. Being the world’s largest computer-services provider, it is worth taking a look at its fundamentals ahead of results.

IBM has bucked the trend of a broad technology surge this year, having shed 7.3% so far and lagging the Zacks categorized Computer – Integrated System industry. The downside might be limited as IBM could beat our earnings estimate though it has an unfavorable rank. Additionally, it saw positive earnings revisions, which are generally precursors to an earnings beat. Also, the company has attractive fundamentals.

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