Forward Earnings Estimate of Hewlett Packard Enterprise Company(HPE)
Feb 25 2017 by Cristina Jennings
Comcast Corporation (NASDAQ:CMCSA) last announced results for quarter ended on 31 Dec 2016, disclosing EPS of $0.45 The reported earnings per share topped the analyst's consensus by $0.02 with the percentage difference between estimated and actual earnings arriving at 4.70%. Analyst had a consensus of $0.60.
On Next Day, Analysts were suspecting EPS of $0.42/share where Hewlett Packard Enterprise Company (NYSE:HPE) reported its Actual EPS of $0.42.
Whitman on Thursday cut the company's adjusted profit forecast for the current fiscal year, missing analysts' estimates.
Stocks in today's headlines may be tempting buys, but how would you like to peek behind the curtain to see all the best stocks Zacks' team of experts are recommending? On 7th Day after earnings release, Hewlett Packard Enterprise Company (NYSE:HPE) dropped to -3.32% from $21.98 to $21.25. The stock has a weekly performance of -4.24 percent and is -1.66 percent year-to-date as of the recent close.
Hewlett Packard Enterprise cited currency fluctuations, higher commodities pricing and "near-term execution issues" in reducing its forecast.
The liquidity measure in recent quarter results of the company was recorded 0.90 as current ratio, on the other side the debt to equity ratio was 0.88, and long-term debt to equity ratio remained 0.88. This is an increase over the earnings per share of 41 cents that it reported during the same time a year ago.
Several equities analysts recently issued reports on HPE shares. It also came in below analysts' revenue estimate of $12.07 billion for the period.
Hewlett Packard Enterprise Co.'s Meg Whitman, who has been working to transform the company into a more efficient corporate-technology provider, is being thwarted by rising supply costs and aggressive cloud rivals.
"Gamco Investors INC. ET AL Acquires 11,300 Shares of Hewlett Packard Enterprise Company (HPE)" was originally reported by The Cerbat Gem and is the sole property of of The Cerbat Gem.
Hewlett Packard Enterprise generated revenue of $6.3 billion (-12 percent) from Enterprise Group with servers revenue dropping 12 percent and networking revenue dipping 33 percent.
Revenue was down 10 percent from the year-ago period, amid downticks in the company's software and enterprise services. The Closing price before the company posted its earnings was $22.81. The company has a 50 day moving average of $23.21 and a 200-day moving average of $22.73. The EPS growth for the past five (5) years shows a value of *TBA, whilst the EPS value for the next five (5) years shows a figure of 1.18%. Oppenheimer Holdings, Inc. set a $25.00 price objective on shares of Hewlett Packard Enterprise Company and gave the stock a "buy" rating in a report on Tuesday, November 22nd. This falls on a scale from 0 to 100 where a lower score indicated an undervalued company and a higher score would indicate an expensive or overvalued company.