$0.28 EPS Expected for Hewlett Packard Enterprise Co (HPE)

November 13, 2017 - By Marguerite Chambers

 $0.28 EPS Expected for Hewlett Packard Enterprise Co (HPE)

Wall Street await Hewlett Packard Enterprise Co (NYSE:HPE) to release earnings on November, 21 after the close. Analysts forecast EPS of $0.28, down exactly $0.33 or 54.10 % from 2014’s $0.61 EPS. The expected HPE’s profit could reach $453.48M giving the stock 12.13 P/E in the case that $0.28 earnings per share is reported. After posting $0.31 EPS for the previous quarter, Hewlett Packard Enterprise Co’s analysts now forecast -9.68 % negative EPS growth. About 7.65M shares traded. Hewlett Packard Enterprise Co (NYSE:HPE) has risen 56.74% since November 13, 2016 and is uptrending. It has outperformed by 40.04% the S&P500.

Hewlett Packard Enterprise Co (NYSE:HPE) Ratings Coverage

Among 30 analysts covering Hewlett Packard Enterprise (NYSE:HPE), 8 have Buy rating, 3 Sell and 19 Hold. Therefore 27% are positive. Hewlett Packard Enterprise had 44 analyst reports since November 3, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Wednesday, August 23 by Loop Capital. The stock has “Hold” rating by BMO Capital Markets on Thursday, March 30. The firm earned “Outperform” rating on Friday, December 11 by BMO Capital Markets. On Wednesday, May 25 the stock rating was maintained by Mizuho with “Neutral”. Deutsche Bank initiated the stock with “Buy” rating in Friday, November 6 report. The rating was downgraded by Needham to “Hold” on Friday, February 24. The stock of Hewlett Packard Enterprise Co (NYSE:HPE) has “Outperform” rating given on Friday, November 18 by Raymond James. As per Wednesday, October 19, the company rating was maintained by Needham. Barclays Capital maintained the stock with “Underweight” rating in Friday, September 1 report. As per Wednesday, May 10, the company rating was maintained by Barclays Capital.

Hewlett Packard Enterprise Company is a well-known provider of technology solutions. The company has market cap of $22.01 billion. The Company’s divisions include: Enterprise Group, Software, Financial Services and Corporate Investments. It has a 73.48 P/E ratio. The Enterprise Group segment provides its clients with the technology infrastructure they need to optimize traditional information technology .

More notable recent Hewlett Packard Enterprise Co (NYSE:HPE) news were published by: Bizjournals.com which released: “Hewlett Packard Enterprise to move out of Houston campus due to flooding” on November 01, 2017, also Blogs.Wsj.com with their article: “Hewlett Packard Enterprise Taps Baker Hughes CIO” published on October 26, 2017, Nasdaq.com published: “Richard Pzena Buys Mylan NV, Hewlett Packard Enterprise Co, Wells Fargo, Sells …” on November 07, 2017. More interesting news about Hewlett Packard Enterprise Co (NYSE:HPE) were released by: Globenewswire.com and their article: “Hewlett Packard Enterprise to Present Live Audio Webcast of Fourth Quarter …” published on November 07, 2017 as well as Globenewswire.com‘s news article titled: “Hewlett Packard Enterprise Increases Regular Dividend by Approximately 15%” with publication date: November 09, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Twitter Auto Publish Powered By : XYZScripts.com