Post a Free Blog

Submit A Press Release

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Filter by Categories
Action
Animation
ATP Tour (ATP)
Auto Racing
Baseball
Basketball
Boxing
Breaking News
Business
Business
Business Newsletter
Call of Duty (CALLOFDUTY)
Canadian Football League (CFL)
Car
Celebrity
Champions Tour (CHAMP)
Comedy
CONCACAF
Counter Strike Global Offensive (CSGO)
Crime
Defense of the Ancients (DOTA)
Documentary and Foreign
Drama
eSports
European Tour (EPGA)
Fashion
FIFA
FIFA Women’s World Cup (WWC)
FIFA World Cup (FIFA)
Fighting
Football
Formula 1 (F1)
Fortnite
Golf
Health
Hockey
Horror
IndyCar Series (INDY)
International Friendly (FRIENDLY)
Kids & Family
League of Legends (LOL)
LPGA
Madden
Major League Baseball (MLB)
Mixed Martial Arts (MMA)
MLS
Movie and Music
Movie Trailers
Mystery
NASCAR Cup Series (NAS)
National Basketball Association (NBA)
National Football League (NFL)
National Hockey League (NHL)
National Women's Soccer (NWSL)
NBA Development League (NBAGL)
NBA2K
NCAA Baseball (NCAABBL)
NCAA Basketball (NCAAB)
NCAA Football (NCAAF)
NCAA Hockey (NCAAH)
Olympic Mens (OLYHKYM)
Other
Other Sports
Overwatch
PGA
Politics
Premier League (PREM)
Romance
Sci-Fi
Science
Soccer
Sports
Sports
Technology
Tennis
Thriller
Truck Series (TRUCK)
Ultimate Fighting Championship (UFC)
Uncategorized
US
Valorant
Women’s National Basketball Association (WNBA)
Women’s NCAA Basketball (WNCAAB)
World
World Cup Qualifier (WORLDCUP)
WTA Tour (WTA)
Xfinity (XFT)
XFL
0
-- Advertisement --spot_img
HomeBusinessDell Technologies’ Upcoming Q4 Earnings Preview

Dell Technologies’ Upcoming Q4 Earnings Preview

Add to Favorite
Added to Favorite


Analysts at Deutsche Bank provided their outlook on Dell Technologies Inc. (NYSE:DELL) ahead of the upcoming Q4 earnings announcement, noting they still see risks to their Q4 estimates as third-party data suggests the company’s PC shipments declined more severely than expected.
Looking forward, the analysts believe risks are to the downside for Q1 (vs. Street estimate of Q1 revenue decline of 16% year-over-year) and full year 2023/2024 (vs. DELL’s previous outlook of down 10-11% year-over-year) given the company’s workforce reduction announced on Feb 6, although cost savings associated with the restructuring and favorable FX could provide a partial offset.
The analysts noted that the company’s current 2024 revenue outlook is already worse than its peers, but believe that is driven by the lack of a large backlog heading into the year, and think DELL is maintaining its market share on an order basis.

Subscribe to get Latest News Updates

Latest News

You may like more
more