We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Compared to Estimates, Dell Technologies (DELL) Q1 Earnings: A Look at Key Metrics
Read MoreHide Full Article
For the quarter ended April 2023, Dell Technologies (DELL - Free Report) reported revenue of $20.92 billion, down 19.9% over the same period last year. EPS came in at $1.31, compared to $1.84 in the year-ago quarter.
The reported revenue represents a surprise of +3.86% over the Zacks Consensus Estimate of $20.15 billion. With the consensus EPS estimate being $0.87, the EPS surprise was +50.58%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Dell Technologies performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net Revenue- Client Solutions Group: $11.98 billion compared to the $11.39 billion average estimate based on three analysts. The reported number represents a change of -23.1% year over year.
Net Revenue- Infrastructure Solutions Group: $7.59 billion compared to the $7.59 billion average estimate based on three analysts. The reported number represents a change of -18.2% year over year.
Net Revenue- Other businesses: $1.34 billion versus the three-analyst average estimate of $1.28 billion.
Net Revenue- Client Solutions Group- Consumer: $2.12 billion compared to the $2.24 billion average estimate based on three analysts.
Net Revenue- Infrastructure Solutions Group- Storage: $3.76 billion versus the three-analyst average estimate of $3.98 billion.
Net Revenue- Client Solutions Group- Commercial: $9.86 billion versus $9.15 billion estimated by three analysts on average.
Net Revenue- Infrastructure Solutions Group- Servers and networking: $3.84 billion compared to the $3.62 billion average estimate based on three analysts.
Operating Income- Client Solutions Group: $892 million compared to the $676.50 million average estimate based on two analysts.
Operating Income- Infrastructure Solutions Group: $740 million versus the two-analyst average estimate of $769.87 million.
Shares of Dell Technologies have returned -0.8% over the past month versus the Zacks S&P 500 composite's +0.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Compared to Estimates, Dell Technologies (DELL) Q1 Earnings: A Look at Key Metrics
For the quarter ended April 2023, Dell Technologies (DELL - Free Report) reported revenue of $20.92 billion, down 19.9% over the same period last year. EPS came in at $1.31, compared to $1.84 in the year-ago quarter.
The reported revenue represents a surprise of +3.86% over the Zacks Consensus Estimate of $20.15 billion. With the consensus EPS estimate being $0.87, the EPS surprise was +50.58%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Dell Technologies performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Net Revenue- Client Solutions Group: $11.98 billion compared to the $11.39 billion average estimate based on three analysts. The reported number represents a change of -23.1% year over year.
- Net Revenue- Infrastructure Solutions Group: $7.59 billion compared to the $7.59 billion average estimate based on three analysts. The reported number represents a change of -18.2% year over year.
- Net Revenue- Other businesses: $1.34 billion versus the three-analyst average estimate of $1.28 billion.
- Net Revenue- Client Solutions Group- Consumer: $2.12 billion compared to the $2.24 billion average estimate based on three analysts.
- Net Revenue- Infrastructure Solutions Group- Storage: $3.76 billion versus the three-analyst average estimate of $3.98 billion.
- Net Revenue- Client Solutions Group- Commercial: $9.86 billion versus $9.15 billion estimated by three analysts on average.
- Net Revenue- Infrastructure Solutions Group- Servers and networking: $3.84 billion compared to the $3.62 billion average estimate based on three analysts.
- Operating Income- Client Solutions Group: $892 million compared to the $676.50 million average estimate based on two analysts.
- Operating Income- Infrastructure Solutions Group: $740 million versus the two-analyst average estimate of $769.87 million.
View all Key Company Metrics for Dell Technologies here>>>Shares of Dell Technologies have returned -0.8% over the past month versus the Zacks S&P 500 composite's +0.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.