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• DELL 68% Rate It

PC maker Dell Inc. ( DELL ) late Tuesday posted second quarter earnings that beat Wall Street's view, but its revenue totals and adjusted full-year outlook badly missed expectations.

The Round Rock, TX-based company reported second quarter net income of $732 million, or 42 cents per share, compared with $890 million, or 48 cents per share, in the year-ago period. Excluding special items, adjusted profit was 50 cents per share.

Revenue fell 7.6% from last year to $14.5 billion.

On average, Wall Street analysts expected a smaller profit of 45 cents per share, albeit on higher revenue of $14.7 billion.

Looking ahead, Dell predicted a 2% to 5% decline in revenue for the current third quarter. It also said it now expects full-year earnings of "at least" $1.70 per share, which would badly miss analysts' outlook for $1.90 per share.

Dell shares fell more than 3% in after hours trading Tuesday.

The Bottom Line
Shares of Dell ( DELL ) have a 2.59% dividend yield, based on today's closing stock price of $12.34. The stock has technical support in the $10-$11 price area. If the shares can firm up, we see overhead resistance around the $14 price level.

Dell Inc. ( DELL ) is not currently rated by Dividend.com.

Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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