Hewlett Packard Enterprise Co. (HPE) is expected to report quarterly earnings of 36 cents a share on sales of $7.4 billion after the market closes on Thursday, based on a FactSet survey of 19 analysts.
In the same period a year ago, the company posted earnings of 34 cents a share on sales of $7.5 billion. The stock has fallen 9.9% since the company last reported earnings on Feb. 21.
Quarterly estimates have fallen less than 1 cent a share in the past month. Hewlett Packard Enterprise is currently trading at a price-to-forward-earnings ratio of 8.7 based on the 12-month estimates of 20 analysts surveyed by FactSet.
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