Dell Technologies Q4 2024 Adj EPS $2.20 Beats $1.73 Estimate, Sales $22.30B Beat $22.16B Estimate
Portfolio Pulse from Benzinga Newsdesk
Dell Technologies reported Q4 2024 adjusted EPS of $2.20, surpassing the $1.73 estimate, with sales of $22.30B also beating the $22.16B estimate. However, this represents a 10.94% decrease in sales compared to the same period last year.
February 29, 2024 | 9:06 pm
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Dell Technologies beats Q4 2024 EPS and sales estimates but reports a 10.94% decrease in sales year-over-year.
Beating both EPS and sales estimates typically has a positive short-term impact on a company's stock price, as it indicates better-than-expected financial health and performance. However, the significant year-over-year decrease in sales might temper investor enthusiasm, suggesting a mixed but overall positive short-term outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100