Dell Q2 Earnings Preview: Analyst 'Positively Inclined' On AI-Powered Computing; Margins, Server Demand In Focus
Portfolio Pulse from Chris Katje
Dell Technologies is set to release its Q2 earnings, with a focus on AI-powered computing and margins. Analysts expect revenue of $24.14 billion and EPS of $1.71. Dell has a history of beating estimates and its stock is up 46% YTD. Analysts are optimistic about AI server demand and cost cuts improving margins.
August 28, 2024 | 5:32 pm
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Dell's Q2 earnings report is anticipated with a focus on AI-powered computing and margins. Analysts expect revenue of $24.14 billion and EPS of $1.71. Dell has a strong track record of beating estimates, and its stock is up 46% YTD. Analysts are optimistic about AI server demand and cost cuts improving margins.
Dell's upcoming earnings report is crucial as it focuses on AI and margins, key areas of interest for investors. The company has a history of beating estimates, which could positively impact the stock. Analysts are optimistic about AI server demand and cost cuts, which could improve margins and drive stock price up.
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