Dell Technologies’ Upcoming Q4 Earnings Preview
<p>Analysts at Deutsche Bank provided their outlook on <a href='https://financialmodelingprep.com/financial-summary/DELL'>Dell Technologies Inc. (NYSE:DELL)</a> ahead of the upcoming Q4 earnings announcement, noting they still see risks to their Q4 estimates as third-party data suggests the company's PC shipments declined more severely than expected. </p>
<p>Looking forward, the analysts believe risks are to the downside for Q1 (vs. Street estimate of Q1 revenue decline of 16% year-over-year) and full year 2023/2024 (vs. DELL's previous outlook of down 10-11% year-over-year) given the company's workforce reduction announced on Feb 6, although cost savings associated with the restructuring and favorable FX could provide a partial offset. </p>
<p>The analysts noted that the company's current 2024 revenue outlook is already worse than its peers, but believe that is driven by the lack of a large backlog heading into the year, and think DELL is maintaining its market share on an order basis. 

NYSE:DELL