• Main
  • Analytics
  • Market News
  • Company news: Dell’s (DELL) quarterly results beat analysts’ forecasts
Economic news
30.08.2024

Company news: Dell’s (DELL) quarterly results beat analysts’ forecasts

Dell (DELL) reported Q2 FY2025 earnings of $1.89 per share (versus $1.74 per share in Q2 FY2024), beating analysts’ consensus estimate of $1.70 per share.

The company’s quarterly revenues amounted to $25.026 bln (+9.1% y/y), beating analysts’ consensus estimate of $24.139 bln.

The company issued guidance for Q3 FY2024, seeing EPS of $1.90-2.10 versus analysts’ consensus estimate of $2.19 and revenues of $24-25 bln versus analysts’ consensus estimate of $24.6 bln.

Dell also issued in-line guidance for the full FY2024, seeing EPS of $7.55-8.05 versus analysts’ consensus estimate of $7.68 and revenues of $95.5-98.5 bln versus analysts’ consensus estimate of $96.37 bln.

The company also lowered its guidance for FY2025. It now forecasts EPS of $13.95-$14.15, down from its prior guidance of $14.27-$14.47, versus analysts’ consensus estimate of $14.01 and revenues of $10.375-$10.475 bln, down from its prior guidance of $10.7-10.8 bln, versus analysts’ consensus estimate of $10.6 bln.

DELL rose to $116.70 (+5.38%) in pre-market trading.

See also