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Consumer Electronics

Can Dell Escape The Tech Earnings Trap (DELL)

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By Douglas A. McIntyre Published
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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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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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