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What You Need To Know Ahead of Dell Technologies' Earnings Report

Jakub Porzycki / NurPhoto / Getty Images

Key TakeawaysDell Technologies reports second-quarter results for its fiscal 2025 after the bell Thursday.The company's revenue and earnings are expected to grow from the year-ago period.Investors are likely watching for signs of improving operating margins for the legacy computing giant.Dell could provide updates about its artificial intelligence (AI) opportunity with AI servers.
Dell Technologies (DELL) is set to report second-quarter results for its fiscal 2025 after the bell on Thursday, with investors likely watching for margin improvements and any updates on the company's position in the artificial intelligence (AI) server market.Analysts project revenue to grow to $24.18 billion from $22.93 billion reported the year prior, according to estimates compiled by Visible Alpha. Net income is expected to be $871.01 million, or $1.15 per share, gaining from the year-ago period, but falling sequentially.

 

 Analyst Estimates for Q2 2025

 Q1 2025

 Q2 2024

 Revenue

 $24.18 billion

 $22.24 billion

 $22.93 billion

 Diluted Earnings Per Share

 $1.15

 $1.32

 63 cents

 Net Income

 $871.01 million

 $955 million

 $455 million

Key Metrics: Operating Margins in FocusInvestors likely will be monitoring Dell's margins after the company's first-quarter results showed a double-digit decline in operating income, despite strong demand for AI servers.Analysts expect operating income to be $1.27 billion, derived from an estimated $24.18 in revenue.Dell could provide investors with updates Thursday about the company's efforts to support margin improvement to ease their worries about margin pressures. The company could accelerate cost-cutting efforts to improve margins, similar to its peers like Intel (INTC) and Cisco (CSCO).Business Spotlight: AI Server OpportunityDespite concerns about margin pressure affecting the legacy computing company, some analysts have highlighted Dell's potential to gain from increased demand for AI server hardware.Bank of America analysts said last week that "although AI server deals remain lumpy (size & timing)," Dell's management "remains confident in the pipeline and focused on balancing orders, backlog, and shipments growth," a positive indicator for the company's AI opportunity.The analysts said they "remain confident" in the Dell story despite recent volatility in the stock, writing, "the fundamentals of the stock are strong."Dell shares were down about 0.6% at $111.35 around 3:30 p.m. ET Monday. The stock has gained 46% year-to-date. Read the original article on Investopedia.

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