X
<

What to Expect from Hewlett Packard Enterprise in 1Q17

PART:
1 2 3 4 5 6 7
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

What Analysts Expect from Hewlett Packard Enterprise in 1Q17

Receive e-mail alerts for new research on HPE:

Interested in HPE?
Don’t miss the next report.


Success!
You are now receiving e-mail alerts for new research. A temporary password for your new Market Realist account has been sent to your e-mail address.

Success!
has been added to your Ticker Alerts.

Success!
has been added to your Ticker Alerts. Subscriptions can be managed in your user profile.

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.

X

Please select a profession that best describes you: