A Preview Of Hewlett Packard's Q1 Earnings

Hewlett Packard HPE announces its next round of earnings this Tuesday, March 3. Here is Benzinga's everything-that-matters guide for the Q1 earnings announcement.

Earnings and Revenue

Analysts predict Hewlett Packard will report earnings of 43 cents per share on revenue of $7.23 billion.

In the same quarter last year, Hewlett Packard posted EPS of 42 cents on sales of $7.55 billion. The Wall Street consensus estimate for earnings would represent a 2.38% increase for the company. Sales would be down 4.28% from the year-ago period. Here's how the Hewlett Packard's reported EPS has stacked up against analyst estimates in the past:

 

Quarter Q4 2019 Q3 2019 Q2 2019 Q1 2019
EPS Estimate 0.460 0.400 0.370 0.35
EPS Actual 0.490 0.450 0.420 0.42

Stock Performance

Over the last 52-week period, shares are down 21.92%. Given that these returns are generally negative, long-term shareholders are probably down going into this earnings release. Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. Analysts generally rate Hewlett Packard stock as Neutral. The strength of this rating has risen over the past three months.

Conference Call

Hewlett Packard is scheduled to hold a conference call at 5:00 p.m. ET and it can be accessed here: https://investors.hpe.com/news-and-events#investor-events

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNewsEarnings Previews
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!