Earnings Preview: Dell
By theflyonthewall.com: Dell (DELL) is expected to report Q3 earnings after the market close on Tuesday, November 15, with a conference call scheduled for 5:00 pm ET. GuidanceThe consensus estimate is 47c for EPS and $15.65B for revenue, according to First Call. On its last earnings call Dell said it expected its Q3 revenue to be "roughly flat" relative to its Q2 revenue of $15.66B. Meanwhile, investors and analysts are bracing for a potentially severe shortage of hard drives in 2012. That shortage comes as the global PC industry is already struggling due to the growing popularity of tablets and other mobile devices Wall Street, fearing the worst, has slashed revenue and margin forecasts for Dell and Hewlett Packard (HPQ) in the wake of the severe flooding in Thailand. Some analysts warn that estimates might have to be reduced further as the full extent of the damage to Western Digital (WDC)Complete Story »
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