
Its analysis pointed to growth at Jabil and HPE, while citing falling sales and a weaker revenue outlook at Pitney Bowes.
StockStory highlighted Jabil and Hewlett Packard Enterprise as its favored business services companies, while flagging Pitney Bowes as facing challenges. The publisher noted that the industry gained 22.1% over the past six months, outpacing the S&P 500 by 5.5 percentage points.
StockStory cited Pitney Bowes’ annual sales decline of 13% over five years and forecast a further 1.7% revenue drop over the next 12 months. The company provides shipping, mailing technology, logistics and financial services.
Jabil’s revenue grew 11.6% annually over the past two years, according to StockStory. The publisher also pointed to its $35.95 billion revenue base and annual earnings-per-share growth of 24.4% over that period.
For Hewlett Packard Enterprise, StockStory highlighted average annual growth of 48.5% in annual recurring revenue over two years. It also cited $41.87 billion in revenue and annual earnings-per-share growth of 28.5% over the same period.
This article was produced with the help of AI technology.
Source: Yahoo Finance