Dell Technologies Inc <DELL.N> expected to post earnings of $2.05 a share - Earnings Preview
Dell Technologies Inc DELL.N, DELL.K is expected to show a rise in quarterly revenue when it reports results on November 26 for the period ending October 31 2024
The Round Rock Texas-based company is expected to report a 10.8% increase in revenue to $24.652 billion from $22.25 billion a year ago, according to the mean estimate from 17 analysts, based on LSEG data.The company's guidance on August 29 2024, for the period ended October 31, was for revenue between $24.00 billion and $25.00 billion.
LSEG's mean analyst estimate for Dell Technologies Inc is for earnings of $2.05 per share. The company's EPS guidance on August 29 2024, for the period ended October 31, was between $1.90 and $2.10
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 22 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts had risen by about 1.4% in the last three months.
Wall Street's median 12-month price target for Dell Technologies Inc is $154.00, above its last closing price of $144.21.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Jul. 31 2024 | 1.77 | 1.71 | 1.89 | Beat | 10.6 |
Apr. 30 2024 | 1.29 | 1.26 | 1.27 | Beat | 1 |
Jan. 31 2024 | 1.74 | 1.73 | 2.20 | Beat | 27.3 |
Oct. 31 2023 | 1.47 | 1.47 | 1.88 | Beat | 28.2 |
Jul. 31 2023 | 1.15 | 1.14 | 1.74 | Beat | 53.2 |
Apr. 30 2023 | 0.86 | 0.86 | 1.31 | Beat | 53 |
Jan. 31 2023 | 1.62 | 1.63 | 1.80 | Beat | 10.1 |
Oct. 31 2022 | 1.59 | 1.60 | 2.30 | Beat | 44.2 |
This summary was machine generated November 22 at 22:02 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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