Dell stock falls after downbeat Q4 revenue forecast amid PC …

Nov 27, 2024  · (Reuters) -Dell forecast fourth-quarter revenue below Wall Street expectations on Tuesday, weighed down by weaker demand for its traditional PCs and competition from rival …


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Dell Forecasts Downbeat Fourth-quarter Revenue On PC Weakness

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Revenue from Dell’s client solutions group, which houses its PC business, came in at $12.13 billion, below expectations of $12.43 billion. Rival PC maker HP also provided a weak first …

financialnewsletter.com

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Dell And HP Shares Fall Amid Lowered Forecasts - Forbes

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Nov 27, 2024  · Dell’s business has surged amid increased demand for AI, reporting $800 million in AI server sales and another $2.9 billion in order backlog in March, sending the company’s …

forbes.com

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Dell Stock Falls As Q4 Revenue Likely To Be Lower Than Expected

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Nov 27, 2024  · Shares of Dell Technologies fell Tuesday by 10% in after-hours trading after the company said its estimated fourth-quarter revenue and earnings would be lower than …

statesman.com

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Dell Forecasts Downbeat Fourth-quarter Revenue On PC Weakness

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Nov 27, 2024  · Dell forecast fourth-quarter revenue between $24 billion and $25 billion. The average analyst estimate is $25.57 billion, according to data compiled by LSEG. “The entire …

thewealthforge.com

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Dell Shares Slump As Q4 Guidance Falls Short; Q3 Earnings Beat ...

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Nov 26, 2024  · Dell shares slump as Q4 guidance falls short; Q3 earnings beat estimates. ... Dell forecast revenue between $24 billion and $25 billion, missing the average analyst projection of …

investing.com

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Dell Stock Falls After Downbeat Q4 Revenue Forecast Amid PC …

2 weeks from now

Nov 27, 2024  · Revenue from Dell's client solutions group, which houses its PC business, came in at $12.13 billion, below expectations of $12.43 billion. Rival PC maker HP ( HPQ ) also …

aitcommunity.com

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Dell Shares Slump As Q4 Guidance Falls Short; Q3 Earnings Beat …

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For the third quarter, the AI server maker reported adjusted earnings per share (EPS) of $2.15 on revenue of $24.4 billion, compared with estimates for $2.06 per share and $24.69B, respectively.

yahoo.com

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Dell Stock Jumps On Fourth-Quarter Beat But Falls On Outlook

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Mar 2, 2023  · But it later fell after executives gave a muted outlook on a conference call with analysts. In recent trades, Dell stock was down 3.2% to 38.90. During the regular session …

investors.com

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Dell’s Stock Falls Sharply On Unexpected Fourth-quarter Loss

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Feb 24, 2022  · For the quarter, Dell reported adjusted earnings of $1.72 per share on revenue of $27.9 billion, up 16% from the same period one year ago. Wall Street had been looking for …

siliconangle.com

FAQs about Dell stock falls after downbeat Q4 revenue forecast amid PC … Coupon?

Why did Dell stock drop 10 per cent in Q4?

Dell forecast fourth-quarter revenue below Wall Street expectations on Tuesday, weighed down by weaker demand for its traditional PCs and competition from rival server makers, sending its shares down more than 10 per cent in extended trading. ...

Why did Dell stock drop 10%?

Dell forecast fourth-quarter revenue below Wall Street expectations on Tuesday, weighed down by weaker demand for its traditional PCs and competition from rival server makers, sending its shares down more than 10% in extended trading. ...

Did Dell beat Wall Street estimates for fourth-quarter revenue?

Feb 29 (Reuters) - Dell Technologies beat Wall Street estimates for fourth-quarter revenue on Thursday, helped by the artificial intelligence boom and a recovery in the personal computer (PC) market. Shares of the Round Rock, Texas-based company rose more than 10% in extended trading. ...

Why did Dell Miss Wall Street expectations for third-quarter revenue?

(Reuters) - Dell Technologies missed Wall Street expectations for third-quarter revenue on Tuesday, weighed down by weaker demand for its traditional PCs and stiff competition from rival server makers. ...

Why did Dell Technologies stock fall 13%?

Investing.com -- Dell Technologies shares fell sharply after the company guided fourth-quarter revenue below Wall Street expectations amid weaker demand for its traditional PCs and competition from peers. Dell Technologies Inc (NYSE: DELL) fell more than 13% Thursday following the report. ...

Why is Dell's Q4 forecast weaker?

Looking ahead to the fourth quarter, Dell forecast revenue between $24 billion and $25 billion, missing the average analyst projection of $25.57 billion, according to LSEG data. Commenting on the report, Deutsche Bank (ETR: DBKGn) analysts believe Dell's weaker Q4 guide comes mainly due to delays in AI server sales and PC refresh activity. ...

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