Dell Technologies ( DELL , Financial ) is set to report its third-quarter fiscal results on November 26, 2024, during the after-hours trading session. The event is expected to garner significant attention as Wall Street projects EPS at $2.05, marking a 9% year-over-year growth. Sales are forecast to rise 10.3%, reaching $24.53 billion, attributed to the company's strong presence in the technology industry.

Dell has consistently outperformed mean EPS estimates, reporting $1.89 per share in the last quarter, 8.62% above the consensus. The stability of EPS support over the past month indicates confidence in Dell's financial performance.

Optimism around Dell's market prospects has driven its stock up by 12.1% over the past month. As of November 21, shares closed at $139, a 3.78% increase from the previous close of $133.9, with an intraday high of $139.3. Analysts maintain a 'Buy' recommendation with an average rating of 1.68 and a mean price target of $146.2.

With a market capitalization of $97.48 billion, Dell yields a 1.33% dividend at an annualized rate of $1.78. The trailing and forward EPS figures stand at $5.4 and $9.4, respectively. However, the negative book value of -$4.1 raises concerns about potential asset management issues.

Dell's strategic readiness and Q3 results will provide critical insights into its capacity to sustain business growth amidst shifting market conditions.

This article first appeared on GuruFocus .