4 Things HPE Management Wants You to Know
Hewlett-Packard Enterprise (NYSE: HPE) had a surprisingly good 2017 third quarter for a tech company that has been weighed down in recent quarters by its plan to slim down its operations.
The company reported earnings of $0.30 per share, topping estimates for $0.26 per share. Revenue also exceeded expectations at $8.21 billion versus consensus estimates for $7.49 billion. Shares of HPE closed down 1.96% to $13.77 on Wednesday.
Investors could be focusing on HPE's tepid earnings forecast of $0.26 to $0.30 per share for the current quarter when previous estimates had pegged earnings at $0.40 per share. Also worrying is a Wall Street Journal report that claims people close to HPE CEO Meg Whitman said she could leave as soon as this fall.
Source: Fool.com
Hewlett Packard Enterprise Co Stock
With 10 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
With a target price of 19 € there is a slightly positive potential of 1.16% for Hewlett Packard Enterprise Co compared to the current price of 18.78 €.
