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Benzinga
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Hewlett Packard Enterprise Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

1. HPE to release Q1 results with earnings expected at 50 cents per share. 2. Projected revenue is $7.81 billion, up from $6.75 billion last year. 3. HPE shipped its first NVIDIA GB200 NVL72 solution in February. 4. HPE shares fell 3.5% to $18.23 ahead of earnings. 5. Analysts have mixed ratings, with price targets up to $29.

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FAQ

Why Bullish?

The expected increase in earnings and revenue reflects strong growth. Historically, positive earnings can lead to stock price increases, despite short-term fluctuations.

How important is it?

The earnings report is crucial for investor sentiment and may influence trading strategies. Analysts’ revised ratings also contribute to the perception of the stock's value.

Why Short Term?

Q1 results will provide immediate feedback to investors. Significant earnings announcements usually have quick effects on stock prices.

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