Hewlett Packard's Q3 Earnings Preview

Don't be caught off-guard: Hewlett Packard HPE releases its next round of earnings this Tuesday, August 27. Want to skip the homework and get all the facts in one place? We thought so. Here is your everything-that-matters guide for the Q3 earnings announcement after the bell.

Earnings and Revenue

Wall Street analysts see Hewlett Packard reporting earnings of 40 cents per share on revenue of $7.29 billion.

See Also: A 'Quarter Of Bad News': HP Disappoints On Sales, CEO Departure

In the same quarter last year, Hewlett Packard announced EPS of 44 cents on revenue of $7.76 billion. Analysts estimate would represent a 9.09% decrease in the company's earnings. Sales would have fallen 6.11% from the same quarter last year. Hewlett Packard's reported EPS has stacked up against analyst estimates in the past like this:

Stock Performance

Over the past 52-week period, shares of Hewlett Packard have declined 20.81%. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release. Analyst estimates are adjusted lower for EPS and revenues over the past 90 days. Analysts seem to have settled on a Neutral rating with Hewlett Packard. The strength of this rating has maintained conviction over the past three months.

Conference Call

Hewlett Packard is scheduled to hold a conference call at 5:00 p.m. ET and can be accessed here: https://78449.choruscall.com/dataconf/productusers/hpe/mediaframe/31933/indexr.html