Dell (NASDAQ:DELL) is set to report earnings after the close, and First Call has estimates at $0.35 EPS and $15.34 Billion in revenues. Its January 2008 quarter is expected to be $0.38 EPS and $15.95 Billion, and that is also its fiscal year-end.
Dell has finally become a fully reporting company again, and now that its filings are behind it we may get word on just how large the buyback will be that the company can resume. We expect a large number to be announced on that basis shortly, even if it doesn’t come today.
Despite technology being one of the sectors holding its own in a weaker economy, most of the key related tech stocks have given back their gains after their earnings.
We will follow up with a full preview after we have seen the opening prices settle in and the options have stabilized.
Jon C. Ogg
November 29, 2007
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