Hewlett Packard Enterprise Company (NYSE:HPE) is expected to report third quarter earnings results, after market close, on Tuesday 25th August 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.23 per share.
Looking ahead, the full year income are expected at $ 1.20 per share on the revenues of $ 25413.40 million.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 1.78 ~ $ 1.94 per share
Click Here For More Historical Outlooks Of Hewlett Packard Enterprise Company
Previous Quarter Performance
Hewlett Packard Enterprise Company announced income for the second quarter of $ 0.22 per share, from the revenue of $ 6,009.00 million. The quarterly earnings decreased 47.62 percent compared with the same quarter last year. Wall street analysts are predicting, HPE to report 2Q20 income of $ 0.30 per share from revenue of $ 6317.00 million. The bottom line results missed street analysts by $ 0.08 or 26.67 percent, at the same time, top line results fell short of analysts by $ 308 million or 4.88 percent.
Stock Performance
Shares of Hewlett Packard Enterprise Company traded high $ 0.29 or 3.11 percent on Monday, reaching $ 9.62 with volume of 10.57 million shares. Hewlett Packard Enterprise Company has traded high as $ 9.80 and has cracked $ 9.40 on the downward trend
According to the previous trading day, closing price of $ 9.62, representing a 25.57 % increase from the 52 week low of $ 7.43 and a 46.96 % decrease over the 52 week high of $ 17.59.
The company has a market capital of $ 12.36 billion and is part of the Technology sector and Communication Equipment industry.
Conference Call
Hewlett Packard Enterprise Company will be hosting a conference call at 5:00 PM eastern time on 25th August 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website 78449.choruscall.com/dataconf/productusers/hpe/mediaframe/40108/indexr.html
Hewlett Packard Enterprise Company operates as a technology company. The company operates through four segments: Hybrid IT, Intelligent Edge, Financial Services, and Corporate Investments. The Hybrid IT segment provides industry standard servers for multi-workload computing; mission-critical servers; converged storage solutions, including all-flash arrays and hybrid storage solutions; and traditional storage solutions comprising tape, storage networking, and disk products, such as HPE MSA and HPE XP.
