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Why Dell Stock Popped 10% Today

TheMotleyFool

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Shares of Dell Technologies (NYSE: DELL) closed 10.2% higher Friday after the PC-maker beat analyst estimates for second-quarter sales and earnings.

Expected to earn $1.47 per share pro forma on sales of $23.2 billion, Dell instead reported profits of $2.15 per share on sales of $23.4 billion. Generally accepted accounting principles (GAAP) net income per diluted share was an even more impressive $4.83.

Image source: Getty Images.

Source Fool.com

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