Consumer Electronics
Dell's Stars Lined Up Into Earnings (DELL, HPQ)
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Dell Inc. (NASDAQ: DELL) reports earnings after the close today and we’ll get to see if the solid numbers from rival Hewlett-Packard (NYSE: HPQ) are being seen at Dell during their turnaround as well. First Call has estimates at $0.36 EPS on $15.95 Billion in revenues. As far as what to expect ahead, the coming quarter is expected to be $$0.41 EPS and revenues are expected to be $16.7 Billion. For Fiscal January 2009, estimates are $1.59 EPS on $65.88 Billion in revenues. What is interesting is that since its last report, shares are up roughly 20%, and shares are up close to 35% from the April lows.
Here are today’s other outside metrics to consider:
It seems that things have lined up to where Wall Street is expectinggood numbers out of Dell. There have been no major downward estimaterevisions from analysts since the last earnings and its rival ismanaging to buck economic headwinds. Its short interest is down and its stock is performing again. We have even heard that some keyanalysts are looking for $0.37 or $0.38 EPS, but that is justconjecture at this point.
Jon C. Ogg
August 28, 2008
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