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What to Expect from Hewlett Packard Enterprise in 1Q17

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What to Expect from Hewlett Packard Enterprise in 1Q17 PART 1 OF 7

What Analysts Expect from Hewlett Packard Enterprise in 1Q17

Hewlett Packard Enterprise’s fiscal 1Q17 earnings

Hewlett Packard Enterprise (HPE), a US-based (SPY) technology company, is set to announce its 1Q17 results on February 23, 2017. Analysts estimate it will post revenues of $12.1 billion for the quarter ended December 2016 with a low estimate of $11.7 billion and a high estimate of $12.5 billion.

Analysts expect the company to post EPS (earnings per share) of $0.44 with a high estimate of $0.46 and a low estimate of $0.41. As you can see in the below graph, HPE beat analysts’ EPS estimates in fiscal 1Q16 by 2.5% with posted EPS of $0.41. The company also met analysts’ EPS expectations in fiscal 4Q16 and fiscal 2Q16.

What Analysts Expect from Hewlett Packard Enterprise in 1Q17

HPE has a market cap of $40 billion. In comparison, peer companies such as Juniper (JNPR), Microsoft (MSFT), and IBM (IBM) have market caps of $10.5 billion, $497 billion, and $173 billion, respectively.

Revenue of $12.5 billion in fiscal 4Q16

Hewlett Packard Enterprise announced its fiscal 4Q16 and fiscal 2016 results in November 2016. The company reported revenue of $12.5 billion in the quarter, a fall of 7% YoY (year-over-year) and 2% YoY after adjusting for currency fluctuations and divestitures.

HPE’s non-GAAP (generally accepted accounting principles) EPS (earnings per share) were $0.61, within its guidance of $0.58–$0.63. Its net income, however, fell 78% YoY to $302 million in fiscal 4Q16 compared to $1.4 billion in fiscal 4Q15.

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