Hewlett Packard Enterprise (HPE) Earnings Expected to Grow: Should You Buy?

Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for Hewlett Packard Enterprise (HPE) due to higher revenues, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - HPE is expected to report earnings of $0.50 per share, reflecting a +4.2$7.81 billion, up 15.6% from the previous year [3]. - The earnings report is scheduled for March 6, 2025, and could lead to stock price increases if results exceed expectations [2]. Estimate Revisions - The consensus EPS estimate has been revised down by 0.6% over the last 30 days, indicating a reassessment by analysts [4]. - The Most Accurate Estimate for HPE is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -2.36%, suggesting a bearish outlook from analysts [10][11]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive reading is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank of 1, 2, or 3 [8]. - HPE currently holds a Zacks Rank of 3, making it challenging to predict an earnings beat conclusively [11]. Historical Performance - HPE has beaten consensus EPS estimates in the last four quarters, with a +5.45% surprise in the most recent quarter [12][13]. Conclusion - While HPE may not appear to be a compelling earnings-beat candidate, investors should consider other factors influencing stock performance ahead of the earnings release [16].