Dell (Nasdaq: DELL ) is expected to report Q3 earnings on Nov. 15. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Dell's revenues will compress -9.5% and EPS will wane -25.9%.
The average estimate for revenue is $13.90 billion. On the bottom line, the average EPS estimate is $0.40.
Last quarter, Dell reported revenue of $14.48 billion. GAAP reported sales were 7.5% lower than the prior-year quarter's $15.66 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.50. GAAP EPS of $0.42 for Q2 were 13% lower than the prior-year quarter's $0.48 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 21.8%, 90 basis points worse than the prior-year quarter. Operating margin was 6.4%, 110 basis points worse than the prior-year quarter. Net margin was 5.1%, 60 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $57.41 billion. The average EPS estimate is $1.74.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 4,074 members out of 5,779 rating the stock outperform, and 1,705 members rating it underperform. Among 1,223 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 830 give Dell a green thumbs-up, and 393 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Dell is outperform, with an average price target of $15.56.
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