Core Insights - Dell Technologies is expected to report quarterly earnings of $2.31 per share, reflecting a 22.2% increase year-over-year, with revenues projected at $29.32 billion, a 17.2% increase from the previous year [1] Earnings Estimates - Over the past 30 days, the consensus EPS estimate has been revised upward by 1.2%, indicating analysts' reassessment of projections [1][2] - Changes in earnings estimates are crucial for predicting investor reactions and have a strong correlation with short-term stock performance [2] Revenue Projections - Analysts estimate 'Net Revenue- Client Solutions Group' will reach $12.89 billion, a year-over-year increase of 3.9% [4] - 'Net Revenue- Infrastructure Solutions Group' is projected at $15.95 billion, indicating a significant year-over-year increase of 37% [4] Segment Analysis - 'Net Revenue- Infrastructure Solutions Group- Servers and networking' is expected to be $11.86 billion, reflecting a 54.6% increase from the previous year [5] - 'Net Revenue- Infrastructure Solutions Group- Storage' is projected at $4.09 billion, showing a 2.9% year-over-year increase [5] - 'Net Revenue- Client Solutions Group- Commercial' is expected to reach $11.31 billion, a 7.1% increase from the prior year [6] - Conversely, 'Net Revenue- Client Solutions Group- Consumer' is projected at $1.59 billion, indicating a decline of 14.5% year-over-year [6] Operating Income Estimates - Analysts predict 'Operating Income- Client Solutions Group' will be $710.88 million, down from $767.00 million in the same quarter last year [7] - 'Operating Income- Infrastructure Solutions Group' is expected to be $1.57 billion, up from $1.28 billion year-over-year [7] Stock Performance - Dell Technologies shares have seen a -0.3% change over the past month, compared to a +2.7% increase in the Zacks S&P 500 composite [7] - With a Zacks Rank 2 (Buy), Dell is anticipated to outperform the overall market in the near future [7]
Wall Street's Insights Into Key Metrics Ahead of Dell Technologies (DELL) Q2 Earnings