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23.11.2021 22:29:30

Dell Inc. Q3 adjusted earnings Beat Estimates

(RTTNews) - Dell Inc. (DELL) released a profit for its third quarter that advanced from the same period last year.

The company's profit totaled $3.89 million, or $4.87 per share. This compares with $0.88 million, or $1.08 per share, in last year's third quarter.

Excluding items, Dell Inc. reported adjusted earnings of $2.02 billion or $2.37 per share for the period.

Analysts had expected the company to earn $2.18 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 120811.4% to $28.39 billion from $23.48 million last year.

Dell Inc. earnings at a glance:

-Earnings (Q3): $2.02 Bln. vs. $1.71 Bln. last year. -EPS (Q3): $2.37 vs. $2.03 last year. -Analysts Estimate: $2.18 -Revenue (Q3): $28.39 Bln vs. $23.48 Mln last year.

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