Dell To Dominate Tech Earnings (DELL, HPQ, EDS)

May 25, 2008 by Douglas A. McIntyre

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