Dell Stock Gains After Strong Forecasts Offset EPS Miss And Revenue Beats Expectations

Dell Stock Gains After Strong Forecasts Offset EPS Miss And Revenue Beats Expectations

Dell shares rose in extended trading on Thursday after issuing strong forecasts, despite missing earnings estimates on in-line revenue. The tech company reported adjusted earnings per share of $1.55, missing the estimate of $1.69. Revenue reached $23.38 billion, surpassing the expected $23.14 billion. Dell expects adjusted earnings of $2.25 per share and revenue between $28.5 billion and $29.5 billion for the current quarter. Both figures came in well above LSEG estimates. Company officials attributed its strong guidance to $7 billion in higher-margin AI systems expected to ship this quarter.


User: Benzinga

Views: 65

Uploaded: 2025-05-30

Duration: 00:41

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