On Thursday, May 30, Dell Technologies DELL will release its latest earnings report. Here is Benzinga's outlook for the company.
Earnings and Revenue
Dell Technologies earnings will be near $1.22 per share on sales of $22.27 billion, according to analysts.
Dell Technologies reported a per-share profit of $1.53 when it published results during the same quarter last year. Sales in that period totaled $21.54 billion. If the company were to match the consensus estimate when it reports Thursday, earnings would be down 20.26 percent. Sales would be have grown 3.37 percent from the same quarter last year. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
Quarter | Q4 2019 | Q3 2019 | Q2 2019 | Q1 2019 | Q4 2018 |
EPS Estimate | 1.15 | 1.64 | |||
EPS Actual | 2.22 | 1.57 | 1.76 | 1.53 | 1.43 |
Stock Performance
Analyst estimates are adjusted lower for EPS and revenues over the past 90 days. The average rating by analysts on Dell Technologies stock is a Neutral. The strength of this rating has risen over the past 90 days.
Conference Call
Dell Technologies is scheduled to hold a conference call at 5:30 p.m. ET and can be accessed here: https://investors.delltechnologies.com/events-and-presentations/upcoming-events
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.