HPE Accelerates Strategy With Spin-Off and Merger of Non-Core Software Assets With Micro Focus
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BMO Capital Raises Price Target on Hewlett Packard Enterprise (HPE) Following Mixed 3Q Report
September 8, 2016 9:38 AM EDTBMO Capital reiterated an Outperform rating on Hewlett Packard Enterprise (NYSE: HPE), and raised the price target to $26.00 (from $24.00), following the company's 3Q earnings report. HPE reported mixed results, with revenue of $12.2B coming up short of the consensus estimate of $12.6B. EPS of $0.49 beat $0.45... More
Needham & Company Raises Price Target on Hewlett Packard Enterprise (HPE) Following 3Q
September 8, 2016 6:55 AM EDTNeedham & Company reiterated a Buy rating on Hewlett Packard Enterprise (NYSE: HPE), and raised the price target to $24.00 (from $22.00), following the company's 3Q earnings report. HP reported revenues of $12.2B for the quarter. EPS was reported at $0.49, above the guided range for $0.42-0.46 and... More
Hewlett Packard Enterprise (HPE) Tops Q3 EPS by 4c; Boosts FY16 EPS Outlook
September 7, 2016 4:09 PM EDTHewlett Packard Enterprise (NYSE: HPE) reported Q3 EPS of $0.49, $0.04 better than the analyst estimate of $0.45. Revenue for the quarter came in at $12.2 billion versus the consensus estimate of $12.64 billion.
Fiscal 2016 third quarter segment results
Enterprise Group revenue was $6.5 billion, down 8% year over year, flat when adjusted for divestitures and currency, with a 12.6% operating margin. Servers revenue was down 4%, down 2%... More