|Bid||14.41 x 800|
|Ask||14.38 x 28000|
|Day's Range||14.28 - 15.17|
|52 Week Range||12.09 - 17.59|
|Beta (3Y Monthly)||1.14|
|PE Ratio (TTM)||33.00|
|Earnings Date||May 20, 2019 - May 24, 2019|
|Forward Dividend & Yield||0.45 (2.85%)|
|1y Target Est||17.59|
HPE reported April quarter (fiscal second quarter) revenue of $7.15 billion (down 4% annually) and non-GAAP EPS of $0.42 (up 31%). HPE's shares closed up .49% on Friday to $14.39. Robbiati asserted that the migration of enterprise workloads, which often rely heavily on internally-designed servers and storage rather than hardware developed by traditional IT giants, to public clouds, hasn't accelerated relative to prior rates.
Tech Sector Updates: HPQ, HPE, and More(Continued from Prior Part)HP Enterprise’s revenue shrank for the second straight quarterBusiness technology provider Hewlett Packard Enterprise (HPE) reported its second-quarter 2019 (quarter ended April
Check out the companies making headlines midday Friday:Foot Locker FL — Shares of Foot Locker were down 16% after the shoe retailer reported adjusted quarterly earnings per share that were 7 cents below expectations.
Shares of information technology company Hewlett Packard Enterprise were rising 4% to $14.90 in trading Friday despite analysts at Instinet, JPMorgan and Raymond James lowering their price targets on the stock following second-quarter revenue that missed estimates.
Our call of the day, from analysts at Piper Jaffray takes a holiday from the trade headlines to make a prediction about Amazon shares. They say get ready for a 65% move higher.
The athletic footwear and apparel retailer reported adjusted quarterly profit of $1.53 per share, missing estimates by 7 cents a share. Revenue also came in below forecasts, and a comparable-store sales increase of 4.6% was below the 5.1% estimate of analysts surveyed by Refinitiv. Hibbett Sports HIBB — Hibbett Sports earned an adjusted $1.61 per share for the first quarter, 29 cents a share above estimates.
Profit, excluding some items, will be $1.62 a share to $1.72 a share in fiscal 2019, an increase of 6 cents per share from the company’s guidance announced in February. Shares, which had jumped almost 5% in extended trading on the forecast, gave back all of the gains when executives said on a conference call that the trade war between the U.S. and China had caused uncertainty for the company. Chief Executive Officer Antonio Neri is trying to make the company a key hardware vendor for big-data needs, seeking to take advantage of technology trends from artificial intelligence to the internet of things.
The enterprise hardware maker mixed results for its fiscal second-quarter. Why one Wall Street analyst thinks it’s time for the company to consider an acquisition.
Hewlett Packard Enterprise (NYSE:HPE) reported its latest quarterly earnings results late today, bringing in sales that fell, as well as an earnings guidance for the fiscal year that is higher than it was before, yet HPE stock took a hit after the bell Thursday afternoon.Source: Hewlett-Packard EnterpriseThe San Jose, Calif.-based IT business announced that for its second quarter of the fiscal 2019, it brought in net income of $419 million, or 30 cents per share. The company's sales tallied up to $7.15 billion, falling 4.5% from the $7.47 billion it amassed during the same period in its fiscal 2018.After taking away a number of items including "transformation costs" and other charges, Hewlett Packard Enterprise said it brought in earnings of 42 cents per share, which is 10 cents higher than the 32 cents per share it raked in during its second quarter of its fiscal 2018.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe company added that it increased its forecast for its fiscal 2019 as it now sees its adjusted earnings coming in somewhere in the range of $1.62 per share to $1.72 per share. Hewlett Packard Enterprise had previously revealed that it called for adjusted earnings in the range of $1.56 to $1.66 per share.HPE stock is sliding roughly 0.4% after the bell Thursday following the company's quarterly earnings results, which were mixed despite a strong earnings guidance for the fiscal year. Shares had been sliding roughly 2.7% during regular trading hours for Hewlett Packard Enterprise today. More From InvestorPlace * 7 Safe Stocks to Buy for Anxious Investors * 7 Stocks to Buy for Over 20% Upside Potential * 6 Stocks to Buy for This Decade's Massive Megatrend Compare Brokers The post Hewlett Packard Enterprise Earnings: HPE Stock Dips as Q2 Sales Slide appeared first on InvestorPlace.
HP Enterprise (HPE) delivered earnings and revenue surprises of 16.67% and -3.94%, respectively, for the quarter ended April 2019. Do the numbers hold clues to what lies ahead for the stock?
Hewlett Packard Enterprise Co. shares gained in after-hours trading Thursday following an earnings report that showed growth in adjusted earnings and boosted the company's full-year outlook for profit. HPE reported fiscal second-quarter net income of $419 million, or 30 cents a share, on sales of $7.15 billion, down from $7.47 billion a year ago. After stripping away "transformation costs" and other charges, the company claimed earnings of 42 cents a share, up from 32 cents a share a year ago. HPE also raised its full-year forecast for adjusted earnings, to a range of $1.62 to $1.72 a share from a previously stated $1.56 to $1.66 a share. After closing down 2.5% at $14.34, shares gained more than 3% in immediate late trading after the report was released.
The San Jose, California-based company said it had profit of 30 cents per share. Earnings, adjusted for costs related to mergers and acquisitions and amortization costs, came to 42 cents per share. The ...
Hewlett Packard Enterprises and HP Inc. are both reporting earnings Thursday after the close. Let's look at how to trade them whether they rise or fall post earnings.
Tech Sector: Analyzing the Latest Acquisition DealsHewlett Packard and CrayHewlett Packard Enterprise (HPE) is set to acquire supercomputer manufacturer Cray (CRAY) for $35 per Cray share. The $1.30 billion cash deal is expected to close by the
With HPE set to report its quarterly financial results on Thursday, let's see if investors should consider buying HP Enterprise stock.