Dell Reports Earnings Tuesday Amid Expected 51.5% Revenue Growth

Earnings
โดย Yahoo Finance·US·Read original
Summary · why it matters

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.

Impact on stocks 4

Information Technology · 2 stocks
HP Inc
HPQ
± MixedDemandrelevance

HP reported strong revenue growth of 12.5%, but its stock declined, indicating mixed market reaction.

Everpure, Inc.
P
± MixedDemandrelevance

Everpure reported strong revenue growth of 37.7%, but its stock declined, indicating mixed market reaction.

Artificial Intelligence · 1 stocks
Dell Technologies Inc
DELL
± MixedCapitalrelevance

Earnings report upcoming; analysts expect 51.5% revenue growth, but past misses and stock performance create uncertainty.

Financials · 1 stocks