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Dell Inc. (DELL) released a profit for its fourth quarter that rose from last year.


RTTNews | Feb 25, 2021 04:52PM EST

16:52 Thursday, February 25, 2021 (RTTNews.com) - Dell Inc. (DELL) released a profit for its fourth quarter that rose from last year.

The company's bottom line totaled $1.34 billion, or $1.57 per share. This compares with $0.42 billion, or $0.54 per share, in last year's fourth quarter.

Excluding items, Dell Inc. reported adjusted earnings of $2.29 billion or $2.70 per share for the period.

Analysts had expected the company to earn $2.14 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 108555.8% to $26.11 billion from $24.03 million last year.

Dell Inc. earnings at a glance:

-Earnings (Q4): $2.29 Bln. vs. $1.68 Bln. last year.-EPS (Q4): $2.70 vs. $2.00 last year.-Analysts Estimate: $2.14-Revenue (Q4): $26.11 Bln vs. $24.03 Mln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3173085/dell-inc-q4-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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