Dell Technologies Q1 Adj $1.27 Beats $1.26 Estimate, Sales $22.24B Beat $21.67B Estimate
Portfolio Pulse from Benzinga Newsdesk
Dell Technologies reported Q1 earnings of $1.27 per share, beating the analyst estimate of $1.26. Sales were $22.24 billion, surpassing the $21.67 billion estimate. Despite a slight decrease in earnings per share from last year, sales increased by 6.32%.
May 30, 2024 | 8:06 pm
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Dell Technologies reported better-than-expected Q1 earnings and sales. EPS was $1.27, slightly above the $1.26 estimate, and sales were $22.24 billion, exceeding the $21.67 billion estimate. Despite a year-over-year EPS decrease, sales grew by 6.32%.
The positive earnings and sales figures, despite a slight year-over-year EPS decrease, indicate strong performance and are likely to boost investor confidence in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100