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Dell Technologies Shares Fall as Fiscal Q4 Outlook Disappoints
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Dell Technologies Shares Fall as Fiscal Q4 Outlook Disappoints
Nov 27, 2024 8:37 AM

11:19 AM EST, 11/27/2024 (MT Newswires) -- Dell Technologies ( DELL ) shares fell 13% in recent Wednesday trading, a day after the company's fiscal Q4 guidance disappointed investors.

Dell expects fiscal Q4 non-GAAP EPS of $2.50, plus or minus $0.10, on revenue of $24 billion to $25 billion. Analysts polled by FactSet expect EPS of $2.53 on revenue of $24.85 billion.

On Tuesday, Dell reported fiscal Q3 revenue that trailed Wall Street estimates, while non-GAAP earnings topped forecasts.

Price: 123.80, Change: -17.95, Percent Change: -12.66

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