Dell Technologies (DELL) Q2 Earnings on the Horizon: Analysts' Insights on Key Performance Measures

The upcoming report from Dell Technologies (DELL) is expected to reveal quarterly earnings of $4.95 per share, indicating an increase of 113.4% compared to the year-ago period. Analysts forecast revenues of $45.25 billion, representing an increase of 52% year over year.

The consensus EPS estimate for the quarter has undergone an upward revision of 5.9% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.

Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.

While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.

That said, let's delve into the average estimates of some Dell Technologies metrics that Wall Street analysts commonly model and monitor.

According to the collective judgment of analysts, 'Net Revenue- Infrastructure Solutions Group' should come in at $28.06 billion. The estimate points to a change of +67% from the year-ago quarter.

Analysts expect 'Net Revenue- Client Solutions Group' to come in at $14.56 billion. The estimate suggests a change of +16.4% year over year.

The average prediction of analysts places 'Net Revenue- Infrastructure Solutions Group- Storage' at $4.26 billion. The estimate points to a change of +10.5% from the year-ago quarter.

The collective assessment of analysts points to an estimated 'Net Revenue- Client Solutions Group- Consumer' of $1.93 billion. The estimate suggests a change of +11.9% year over year.

Analysts predict that the 'Net Revenue- Client Solutions Group- Commercial' will reach $13.17 billion. The estimate indicates a year-over-year change of +22.2%.

Analysts forecast 'Net Revenue- Infrastructure Solutions Group- Servers and networking' to reach $25.76 billion. The estimate suggests a change of +99% year over year.

It is projected by analysts that the 'Net Revenue- Corporate and Other' will reach $177.16 million. The estimate indicates a year-over-year change of -62.6%.

Analysts' assessment points toward 'Net Revenue- Products' reaching $36.73 billion. The estimate suggests a change of +53.4% year over year.

Based on the collective assessment of analysts, 'Net Revenue- Services' should arrive at $7.99 billion. The estimate indicates a year-over-year change of +36.8%.

The combined assessment of analysts suggests that 'Operating Income- Client Solutions Group' will likely reach $988.72 million. The estimate is in contrast to the year-ago figure of $803.00 million.

The consensus among analysts is that 'Operating Income- Infrastructure Solutions Group' will reach $3.38 billion. Compared to the present estimate, the company reported $1.47 billion in the same quarter last year.

Over the past month, shares of Dell Technologies have returned +25.5% versus the Zacks S&P 500 composite's +3.7% change. Currently, DELL carries a Zacks Rank #1 (Strong Buy), suggesting that it may outperform. the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .

7 Best Stocks for the Next 30 Days

Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."

Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.9% per year. So be sure to give these hand picked 7 your immediate attention. 

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research