Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.
Hewlett Packard is expected to report FY24 earnings with 1-3% growth and diluted EPS of $1.68-$1.73, with a bullish buy rating and a $28.64/share target. Q3'24 saw a 10% sales growth driven by AI systems, with significant expansion in GreenLake customers and a strong AI portfolio. HPE is well positioned for strong growth tailwinds with growth for AI infrastructure and the next general compute server refresh cycle.
Here, we have picked three tech stocks, RBRK, PSTG and HPE, that are likely to pull off earnings surprises this time.
Lowe's (LOW) opened lower despite posting an earnings beat and raised guidance, as did XPENG (XPEV) when it showed increased EV deliveries. On the regulation front, Alphabet (GOOGL) was pushed by the Department of Justice to sell Chrome, while HP Enterprise (HPE) and Juniper Networks (JNPR) urged the department not to block their merger.
Hewlett Packard Enterprise introduces a range of cooling systems, networking and storage components, AI-optimized servers and user service software.
Hewlett Packard Enterprise (HPE) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Investors with an interest in Computer - Integrated Systems stocks have likely encountered both Hewlett Packard Enterprise (HPE) and IBM (IBM). But which of these two stocks offers value investors a better bang for their buck right now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
As Hewlett Packard Enterprise (HPE) expects to close its acquisition of Juniper Networks (JNPR) in the coming weeks, HPE CEO Antonio Neri sits down with Yahoo Finance's Executive Editor Brian Sozzi and Morning Brief Host Seana Smith to discuss the deal and how the company is working to expand its artificial intelligence (AI) offerings. Watch the video above for Neri's perspective on Big Tech's recent push into nuclear energy, what's next for AI, HPE's ongoing Nvidia (NVDA) partnership, and more.
Investors interested in stocks from the Computer - Integrated Systems sector have probably already heard of Hewlett Packard Enterprise (HPE) and IBM (IBM). But which of these two stocks offers value investors a better bang for their buck right now?
Hewlett Packard Enterprise launches the industry's first 100% fanless direct liquid cooling system.