Hewlett Packard Enterprise Q1 Forecast: EPS $0.59 (+20.4%), Revenue $9.32B (+18.7%)
Hewlett Packard Enterprise is forecast to report Q1 EPS of $0.59, up 20.4% year-over-year, on revenues of $9.32 billion, an 18.7% gain. Its Earnings ESP of +0.85% combined with a Zacks Rank #4 and a prior quarter surprise of +5.08% suggests uncertain beat odds.
1. Q1 Estimates and Expectations
HPE is poised to report quarterly EPS of $0.59, reflecting a 20.4% increase year-over-year, on projected revenues of $9.32 billion, an 18.7% rise. Analysts have revised the consensus EPS estimate higher by 0.95% over the past month in anticipation of strong corporate demand.
2. Earnings ESP and Zacks Rank
The company's Earnings ESP stands at +0.85%, driven by the Most Accurate Estimate exceeding the consensus, yet a Zacks Rank of #4 tempers confidence in a surprise beat. Historically, positive ESP combined with a rank of 1–3 yields a 70% beat probability, but rank 4 suggests caution.
3. Recent Surprise History
Over the last four quarters, HPE has outpaced consensus in three, most recently delivering a 5.08% EPS surprise. This trend provides some support for optimistic projections but underscores the role of near-term catalysts and management commentary.