Core Viewpoint - Analysts forecast that Hewlett Packard Enterprise (HPE) will report quarterly earnings of 7.81 billion, an increase of 15.6% compared to the previous year [1] Earnings Projections - The consensus EPS estimate for the quarter has been adjusted downward by 0.6% over the past 30 days, indicating a reassessment by covering analysts [2] - Revisions to earnings projections are crucial for predicting investor behavior, as empirical studies show a strong correlation between earnings estimate trends and short-term stock price performance [3] Revenue Estimates - Revenue from Financial Services is projected to be 244.54 million, indicating a +2.8% change from the prior year [5] - Revenue from Intelligent Edge is expected to be 3.38 billion, suggesting a +20.7% year-over-year change [6] - Revenue from Asia Pacific and Japan is estimated at 2.72 billion, reflecting an +11.7% change from the prior year [6] Earnings from Operations - Earnings from Operations in Financial Services are projected to be 74 million reported in the same quarter last year [7] - Earnings from Operations in Intelligent Edge are expected to reach 353 million reported in the same quarter of the previous year [7] Stock Performance - Shares of Hewlett Packard Enterprise have shown a return of -6.5% over the past month, compared to a -1.3% change in the Zacks S&P 500 composite [7] - HPE holds a Zacks Rank 3 (Hold), indicating expectations to mirror overall market performance in the near future [7]
Countdown to Hewlett Packard Enterprise (HPE) Q1 Earnings: A Look at Estimates Beyond Revenue and EPS