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Dell Technologies Q1 Earnings Preview: What You Should Know Beyond the Headline Estimates

In its upcoming report, Dell Technologies (NYSE: DELL) is predicted by Wall Street analysts to post quarterly earnings of $1.25 per share, reflecting a decline of 4.6% compared to the same period last year. Revenues are forecasted to be $21.7 billion, representing a year-over-year increase of 3.7%. The current level reflects an upward revision of 5.4% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period. Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends ...