Earnings Whisper: Rambus Inc. (RMBS), International Business Machines (IBM)

Rambus Inc. (RMBS) is set to announce its Q116 earnings after the market close on Monday, April 18. Analysts expect the semiconductor company to report earnings per share of $0.12 and revenue of $73.25 million. That would be $0.06 lower the $0.18 per share posted last quarter and $0.02 lower the $0.14 posted in the Q115. Revenue is projected to be $350 thousand higher than the $72.9 million posted in the same period a year earlier. Meanwhile, EarningsWhisper.com reports a whisper number of $0.13 per share.

As a quick reminder, RMBS reported Q415 EPS of $0.18, $0.03 better than the Street’s consensus estimate of $0.15. Revs increased 6.67% year-over-year to $76.8 million versus the $73.72 million consensus.

RMBS shares surged 0.59% to $13.75 in mid-day trading.

International Business Machines Corporation (IBM) is scheduled to release Q116 earnings after the close today. The Street is looking for EPS of $2.09 and revenue of $18.28 billion. Last quarter, the company reported EPS of $4.84, $0.03 better than the Street’s consensus estimate of $4.81. Revs however, fell 8.50% year-over-year to $22.06 billion versus the $24.11 billion reported. Meanwhile, EarningsWhisper.com reports a whisper number of $2.11 per share.

IBM shares are higher by nearly 0.47% to $152.44 in mid-day trading.

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