Dell To Dominate Tech Earnings (DELL, HPQ, EDS)
This coming Thursday after the close, we’ll get to see earnings out of Dell, Inc. (NASDAQ: DELL). Unless others steal the show with unknown news, this should dominate much of the tech earnings on a shortened week. Now that Hewlett-Packard (NYSE: HPQ) has already given the all clear sign and now that it has made a huge game-changing offer to buy EDS (NYSE: EDS), you have to wonder if things are going to stay status quo at Dell.
First Call has the computer giant posting earnings at $0.33 EPS on $15.66 Billion in revenues. Estimates for next quarter are $0.34 EPS and $15.59 Billion, and estimates for fiscal January 2009 are $1.50 EPS on $64.58 Billion.
So the question looms…. as Dell started its share buyback and announced job cuts, would the company consider a transformational deal to challenge H-P?
Jon C. Ogg
May 25, 2008