Shorts Keen To Target Dell Off Of Earnings-Driven After-Hours Trade

Dell (DELL) is due to report its Q2 results after the closing bell tonight. Analysts polled by Capital IQ are expecting the company to report a profit of $0.45 per share on revenue of $14.65 billion.

In looking back at DELL's historical session-to-session performance, we've found the stock has outpaced its after-hours moves in next-day regular session trading following 21 of its last 34 earnings events.

Looking deeper into the performance data, DELL is about evenly mixed in its performance in both directions between the sessions. It has seen an earnings-driven after-hours gain in 16 of the 34 quarters we've tracked, nine times adding to its evening gain in next-day trade, or 56% of the time, and reversing its advance in seven events. DELL has recorded an earnings-driven after-hours decline in 18 of the 34 quarters we've tracked, adding to its negative trade 12 times, or 67% of the time, in next-day action and reversing direction six times.

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