Salesforce.com (CRM - Free Report) topped expectations in its fiscal Q3 2018 earnings report, bringing in 39 cents per share -- a 2-cent beat, but also 66% growth year over year) -- on $2.68 billion in revenues that came in slightly ahead of expectations. Guidance for fiscal year 2018 was bumped up to $1.32-1.33; the Zacks consensus had it at $1.31 ahead of the report. Shares are selling off 1% on the news, though CRM stock had been up 59% year to date. For more info on CRM's earnings, click here.
Hewlett Packard Enterprise (HPE - Free Report) beat fiscal Q4 2017 estimates on both top and bottom lines, posting 30 cents per share on revenues of $8.2 billion in the quarter, outperforming the 28 cents and $7.71 billion, respectively, in the Zacks consensus estimates. The company, which split in half from Hewlett-Packard Inc. 2 years ago, kept guidance for Q1 and full-year 2018 within range of Zacks estimates. This marks the second-consecutive beat for HPE, but shares have nevertheless sold off more than 7% in late trading. For more info on HPE's earnings, click here.
Its split partner, HP Inc. (HPQ - Free Report) , also reported fiscal Q4 earnings, meeting the 44 cents per share expected on $13.9 billion, which surpassed the Zacks consensus $13.3 billion. Guidance for Q1 2018 is for 38-42 cents per share; the Zacks estimate is already at 42 cents. Full-year 2018, the company guided to $1.70-1.80 per share; our estimate is $1.78. Shares are down more than 5% in late trading on the news. While HPQ had been up more than 51% year to date, HPE has sold off 39%.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Salesforce.com (CRM - Free Report) topped expectations in its fiscal Q3 2018 earnings report, bringing in 39 cents per share -- a 2-cent beat, but also 66% growth year over year) -- on $2.68 billion in revenues that came in slightly ahead of expectations. Guidance for fiscal year 2018 was bumped up to $1.32-1.33; the Zacks consensus had it at $1.31 ahead of the report. Shares are selling off 1% on the news, though CRM stock had been up 59% year to date. For more info on CRM's earnings, click here.
Hewlett Packard Enterprise (HPE - Free Report) beat fiscal Q4 2017 estimates on both top and bottom lines, posting 30 cents per share on revenues of $8.2 billion in the quarter, outperforming the 28 cents and $7.71 billion, respectively, in the Zacks consensus estimates. The company, which split in half from Hewlett-Packard Inc. 2 years ago, kept guidance for Q1 and full-year 2018 within range of Zacks estimates. This marks the second-consecutive beat for HPE, but shares have nevertheless sold off more than 7% in late trading. For more info on HPE's earnings, click here.
Its split partner, HP Inc. (HPQ - Free Report) , also reported fiscal Q4 earnings, meeting the 44 cents per share expected on $13.9 billion, which surpassed the Zacks consensus $13.3 billion. Guidance for Q1 2018 is for 38-42 cents per share; the Zacks estimate is already at 42 cents. Full-year 2018, the company guided to $1.70-1.80 per share; our estimate is $1.78. Shares are down more than 5% in late trading on the news. While HPQ had been up more than 51% year to date, HPE has sold off 39%.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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