Company news: Dell (DELL) quarterly earnings match analysts' expectations

Dell (DELL) reported Q1 FY2025 earnings of $1.27 per share (versus $1.31 per share in Q1 FY2024), matching analysts’ consensus estimate of $1.27 per share.

The company’s quarterly revenues amounted to $22.244 bln (+6.3% y/y), beating analysts’ consensus estimate of $21.686 bln.

The company also issued mixed guidance for Q2 FY2025, seeing EPS of $1.55-1.75 versus analysts’ consensus estimate of $1.88 and revenues of $23.50-24.50 bln versus analysts’ consensus estimate of $23.35 bln.

For the full FY2025, Dell increased adjusted EPS guidance to $7.40-7.90 from $7.25-7.75 versus analysts’ consensus estimate of $7.74 and raised revenue guidance to $93.50-97.50 bln from $91.00-95.00 bln versus analysts’ consensus estimate of $94.64 bln.

DELL fell to $142.75 (-15.99%) in pre-market trading.