- As widely reported, International Business Machines' Q4 2016 earnings beat Wall Street analyst consensus estimates.
- In customary fashion, the voting machine initially drove the stock lower after hours in reaction to 19 consecutive quarters of decreasing revenues.
- Conversely, the weighing machine suggests a return to growth with promising cognitive solutions and cloud platform services.
- We believe investor patience will be rewarded from these increasingly attractive fundamentals supported by the momentum of a 100-year dividend.
Welcome to the eighth installment of the Value Investing for Main Street series, the earnings edition, exclusively on Seeking Alpha.