HP expects its fiscal 2Q17 GAAP EPS from continuing operations to be between $0.32 and $0.35 and its non-GAAP EPS to be between $0.37 and $0.40.
According to IDC, the worldwide hardcopy peripherals market rose 0.6% YoY to 26.6 million units in calendar 4Q16 and fell 4.1% YoY to 99 million units in 2016.
SYNNEX announced that it will distribute HP’s (HPQ) A3 MFPs (multifunctional laser printers). SYNNEX is one of the major Technology Solutions distributors.
US-based (SPY) tech (QQQ) firm HP Inc. (HPQ) reclaimed the top PC manufacturer spot from Lenovo (LNVGY), with shipments rising 13.1% YoY.
Analysts estimate that HP will post revenue of ~$11.88 billion for fiscal 2Q17, with a low estimate of ~$11.6 billion and a high estimate of ~$12.06 billion.
About 39.0% of these analysts have recommended a “buy” for the stock, while 43.0% have recommended a “hold.”
As of May 15, 2017, Wall Street analysts are expecting Deere (DE) to post EPS of $1.67 in fiscal 2Q17. That would be a 7.0% rise year-over-year.
Analysts are expecting Deere (DE) to post revenue of $7.3 billion in 2Q17, a 2.6% rise year-over-year compared to $7.1 billion in 2Q16.
Deere (DE) is set to announce its fiscal 2Q17 earnings on May 19, 2017. In this series, we’ll look at DE stock since the 1Q17 earnings release on February 17, 2017.
On May 12, 2017, Walmart (WMT) was trading at a 12-month forward PE multiple of 17.5x.
Despite the challenges, Walmart projects its comps to rise 1.0%–1.5% in fiscal 1Q18, driven by growth across all store formats and strong e-commerce sales.
Analysts expect Walmart (WMT) to report sales of $117.8 billion in fiscal 1Q18, representing an improvement of 1.7% compared to fiscal 1Q17.
Walmart (WMT) is scheduled to report its fiscal 1Q18 results on May 18, 2017. Analysts expect the retail giant’s adjusted EPS to fall 2.0% YoY.
Cisco Systems (CSCO) plans to announce its fiscal 3Q17 results on May 16, 2017. Analysts estimate revenues of ~$11.9 billion, which would represent a decline from its 3Q16 revenues of $12.0 billion.
The stock price of HPE soared over 50% in 2016 after the firm split from Hewlett-Packard (HPQ) in late 2015.
Last September, US-based (SPY) tech (QQQ) firm Hewlett Packard Enterprise (HPE) announced the spin-off and merger of its non-core software assets with the UK-based Micro Focus.
In April 2017, Hewlett Packard Enterprise (HPE) announced that the firm has completed the Nimble Storage (NMBL) acquisition.
According to market research firm IDC, the worldwide Ethernet switch market rose 3.5% YoY (year-over-year) to $6.7 billion.
According to market research firm IDC, the overall consumer and enterprise wireless local area network (WLAN) fell 0.1% YoY (year-over-year) in 4Q16.
Hewlett Packard Enterprise (HPE) has four business segments: Enterprise Group, Enterprise Services, Software, and Financial Services.