International Business Machines Corp. is expected to report second-quarter earnings after the market closes Wednesday. The results follow several quarters of declining revenue, although the company is betting the recently closed $34 billion acquisition of open-source software firm Red Hat Inc. will help revive its fortunes. Here’s what to expect:EARNINGS FORECAST: Analysts surveyed by FactSet expect IBM to report adjusted earnings of $3.08 a share, the same as the results a year before. A year ago, the company reported...

Source: Wall Street Journal July 17, 2019 09:32 UTC