#HewlettPackard Enterprise Company #HPE is set to report third-quarter fiscal 2017 results on Sep 5. The company posted a negative earnings surprise of 28.6% in the last quarter. Notably, Hewlett Packard has a mixed surprise history, beating the Zacks Consensus Estimate twice, missing the same in one occasion and matching in the other. It has an average negative earnings surprise of 4.4%. Factors to Consider Lower demand for servers at the enterprise and SMB segments due to the presence of virtualization and cloud options makes us slightly cautious about Hewlett Packard’s near-term prospects. Notably, per the latest report from Gartner and IDC, server shipments declined for the fifth straight quarter in first-quarter 2017.
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