Actionable news
0
All posts from Actionable news
Actionable news in HPE: HEWLETT PACKARD ENTERPRISE COMPANY,

Hewlett Packard Enterprise Earnings: What to Watch

Hewlett-Packard Enterprise is scheduled to report earnings later Wednesday.

EARNINGS FORECAST: Analysts on average expect adjusted earnings per share of 44 cents for the fiscal third quarter ended in July, according to Thomson Reuters, compared with a pro forma figure of 45 cents in the year-earlier period.

REVENUE FORECAST: Wall Street analysts expect revenue of $12.64 billion, down from $13.06 billion for that period in 2015.

WHAT TO WATCH:

--DOWNSIZING UPDATE: HP Enterprise was cleaved off as part of a strategy by CEO Meg Whitman to narrow the company’s focus to servers and other products sold to business customers. Since then she has moved to get even smaller, particularly in technology services. In May, for example, HP Enterprise agreed to spin off a 100,000-employee business that operates a variety of computing-related services and merge them with...


More