Dell shares surge after raised FY2027 guidance on Q2 results
Dell posted better-than-expected fiscal 2027 second-quarter results, with adjusted/non-GAAP diluted EPS of $7.04 versus $4.91 consensus and revenue of $46.97B versus $44.95B. Shares jumped 8% after hours.
Wall Street expects Ollie’s Bargain Outlet Holdings Inc to post quarterly earnings of $1.14 per share on revenue of $754.55 million before the opening bell, according to data Pro. Ollie’s Bargain Outlet shares rose 3% to $74.52 in after-hours trading. Palo Alto Networks reported better-than-expected fourth-quarter financial results and issued strong FY27 guidance. The company also said it acquired Console, an AI-native platform that enables agentic capabilities.
Palo Alto shares slipped 1.9% to $355.20 in after-hours trading. Analysts expect Broadcom to post quarterly earnings of $3.24 per share on revenue of $29.36 billion after the closing bell. Broadcom shares gained 0.4% to $371.28 in after-hours trading. Dell Technologies posted better-than-expected fiscal year 2027 second-quarter results and raised FY2027 guidance.
Dell reported adjusted/non-GAAP diluted EPS of $7.04 per share, which beat the market expectation. Consensus estimate was $4.91. Quarterly revenue was $46.97 billion, topping the Street estimate of $44.95 billion and rising from $29.78 billion in the same period last year. Dell shares advanced 8% to $459.03 in after-hours trading.
Analysts expect Hewlett Packard Enterprise Co (NYSE: HPE) to report quarterly earnings of 93 cents per share on revenue of $11.89 billion after the closing bell. HPE shares rose 4% to $52.90 in after-hours trading.