U.S. markets closed
  • S&P 500

    3,925.43
    +44.06 (+1.14%)
     
  • Dow 30

    31,961.86
    +424.51 (+1.35%)
     
  • Nasdaq

    13,597.97
    +132.77 (+0.99%)
     
  • Russell 2000

    2,284.36
    +53.04 (+2.38%)
     
  • Crude Oil

    63.30
    +1.63 (+2.64%)
     
  • Gold

    1,801.80
    -4.10 (-0.23%)
     
  • Silver

    27.95
    +0.27 (+0.96%)
     
  • EUR/USD

    1.2170
    +0.0015 (+0.12%)
     
  • 10-Yr Bond

    1.3890
    +0.0270 (+1.98%)
     
  • GBP/USD

    1.4137
    +0.0023 (+0.16%)
     
  • USD/JPY

    105.8640
    +0.6270 (+0.60%)
     
  • BTC-USD

    48,800.20
    +2,416.73 (+5.21%)
     
  • CMC Crypto 200

    977.54
    -37.37 (-3.68%)
     
  • FTSE 100

    6,658.97
    +33.03 (+0.50%)
     
  • Nikkei 225

    29,671.70
    -484.33 (-1.61%)
     

Earnings Outlook for Dell Technologies

  • Oops!
    Something went wrong.
    Please try again later.
Benzinga Insights
·2 min read
  • Oops!
    Something went wrong.
    Please try again later.

On Tuesday, November 24, Dell Technologies (NYSE: DELL) will release its latest earnings report. Decipher the announcement with Benzinga's help.

Net Income, Earnings, And Earnings Per Share

Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.

Earnings And Revenue

Wall Street analysts see Dell Technologies reporting earnings of $1.4 per share on revenue of $21.85 billion. In the same quarter last year, Dell Technologies announced EPS of $1.75 on revenue of $22.93 billion.

Why Analyst Estimates And Earnings Surprises Are Important

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

View more earnings on DELL

If the company were to match the consensus estimate when it reports Tuesday, EPS would have fallen 20.0%. Sales would be down 4.7% from the year-ago period. In comparison to analyst estimates in the past, here is how the company's reported EPS stacks up:

EPS Estimate

1.39

1.01

2.02

1.62

EPS Actual

1.92

1.34

2

1.75

Revenue Estimate

22.52 B

20.83 B

24.02 B

23.04 B

Revenue Actual

22.77 B

21.95 B

24.13 B

22.93 B

Stock Performance

Shares of Dell Technologies were trading at $68.35 as of November 20. Over the last 52-week period, shares are up 30.4%. Given that these returns are generally positive, long-term shareholders are probably happy going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Dell Technologies is scheduled to hold the call at 17:30:00 ET and can be accessed here.

See more from Benzinga

© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.