HP IncHP reported strong revenue growth of 12.5%, but its stock declined, indicating mixed market reaction.
Dell is set to report earnings this Tuesday after market hours, with analysts expecting revenue to grow 51.5% year on year, up from a 19% increase in the same quarter last year. The company beat revenue expectations last quarter with $43.84 billion, up 87.5% year on year, and also exceeded EPS estimates. Analysts have generally reconfirmed their estimates over the past 30 days, though Dell has missed revenue estimates multiple times in the last two years. In the hardware and infrastructure segment, peers HP and Everpure have already reported strong results, with HP revenue up 12.5% and Everpure up 37.7%, though their stocks declined. Dell shares are up 6.3% over the past month, with an average analyst price target of $510.26 versus the current price of $456.25.
HP IncHP reported strong revenue growth of 12.5%, but its stock declined, indicating mixed market reaction.
Everpure, Inc.Everpure reported strong revenue growth of 37.7%, but its stock declined, indicating mixed market reaction.
Dell Technologies IncEarnings report upcoming; analysts expect 51.5% revenue growth, but past misses and stock performance create uncertainty.
Chimera Investment Corporation