Dell Technologies Q1 Earnings Preview: Analyst Predictions and Forecasts
In the upcoming report, Dell Technologies (DELL) is expected to post quarterly earnings of $1.25 per share, a decrease of 4.6% from the same period last year. Revenue forecasts predict $21.7 billion, a 3.7% increase year-over-year. Analysts have revised the consensus EPS estimate by 5.4% over the past 30 days, indicating a reevaluation of initial projections.
Key Metrics Analysis for Dell Technologies by Wall Street Analysts
Analysts predict ‘Net Revenue- Client Solutions Group’ to be $11.69 billion, ‘Net Revenue- Infrastructure Solutions Group’ at $9.10 billion, and ‘Net Revenue- Other businesses’ at $913.89 million. The estimates show changes from the prior-year quarter, reflecting the collective assessments of analysts on specific Dell Technologies metrics.
Dell Technologies Stock Performance and Market Outlook
Over the past month, Dell Technologies shares have returned +22.9%, outperforming the Zacks S&P 500 composite’s +4% change. With a Zacks Rank #2 (Buy), Dell Technologies is positioned to potentially outperform the market in the near future. Stay updated with the latest recommendations from Zacks Investment Research for insights on Dell Technologies and other top-performing stocks.