HPE Reports Fiscal 2016 First Quarter Results

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Go back to HPE Reports Fiscal 2016 First Quarter Results

Deutsche Bank Reiterates Buy as Hewlett Packard Enterprise (HPE) Reports In-Line 1Q

March 4, 2016 10:01 AM EST


Deutsche Bank reiterated a Buy rating and $19.00 price target on Hewlett Packard Enterprise (NYSE: HPE), following the company's 1Q earnings report. HPE reported sales of $12.7B and EPS of $0.41, in line with Consensus at $12.7B / $0.40. Hardware sales saw another strong quarter, with... More

UPDATE: HP Enterprise (HPE) Seen as Inexpensive; Bernstein Upgrades to 'Outperform'

March 4, 2016 7:58 AM EST

(Updated - March 4, 2016 12:26 PM EST)

Bernstein upgraded HP Enterprise (NYSE: HPE) from Market Perform to Outperform with a price target of $19. Analyst Toni Sacconaghi noted that Q1 results were solid, especially revenue, and he sees shares as "too inexpensive."

"Since we initiated coverage of HPE last year, we have believed that the stock offered very attractive upside potential, but we were fearful that... More

Hewlett Packard Enterprise (HPE) Tops Q1 EPS by 1c, Offers Q2 & FY Guidance

March 3, 2016 4:08 PM EST

Hewlett Packard Enterprise (NYSE: HPE) reported Q1 EPS of $0.41, $0.01 better than the analyst estimate of $0.40. Revenue for the quarter came in at $12.7 billion versus the consensus estimate of $12.68 billion.

GUIDANCE:

Hewlett Packard Enterprise sees Q2 2016 EPS of $0.39-$0.43, versus the... More