Technology firm Dell On November 21, DELL is scheduled to release its fiscal 2023 third quarter results.
Dell projects revenues for the third quarter of its fiscal year to be in the range of $23.8 and $25 billion, which, at the midpoint, would represent an 8% fall from the previous year. At the midpoint, earnings are predicted to be flat on a year-over-year basis between $1.53 and $1.79 per share.
The $24.34 billion revenue estimate provided by Zacks suggests a 14.3% increase over the amount recorded in the prior quarter.
The consensus estimate for quarterly earnings is $1.59 per share, which represents a 32.91% decrease from the amount from the corresponding quarter last year. In the last 30 days, the earnings consensus estimate has decreased by 1.2%.
In three of the previous four quarters, Dell’s earnings exceeded the Zacks Consensus Estimate, while it underperformed in the fourth. The business surprised with trailing four-quarter earnings of 6.58%.
This article will be updated as soon as the earnings are released.
