Dell Technologies (DELL) Q1 Earnings Miss Estimates

Core Insights - Dell Technologies reported quarterly earnings of $1.55 per share, missing the Zacks Consensus Estimate of $1.72 per share, but showing an increase from $1.27 per share a year ago, resulting in an earnings surprise of -9.88% [1] - The company posted revenues of $23.38 billion for the quarter ended April 2025, surpassing the Zacks Consensus Estimate by 1.04% and increasing from $22.24 billion year-over-year [2] - The stock has underperformed the market, losing about 1.3% since the beginning of the year compared to the S&P 500's gain of 0.1% [3] Earnings Outlook - The current consensus EPS estimate for the coming quarter is $2.11 on revenues of $25.15 billion, and for the current fiscal year, it is $9.19 on revenues of $102.42 billion [7] - The estimate revisions trend for Dell Technologies is mixed, leading to a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Computer - Micro Computers industry, to which Dell Technologies belongs, is currently in the bottom 28% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]