HPE Reports Fiscal 2020 Fourth Quarter
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RBC Capital Reiterates Sector Perform Rating on HP Enterprise (HPE) Following 4Q
December 2, 2020 6:54 AM ESTRBC Capital analyst Robert Muller reiterated a Sector Perform rating and $12.00 price target on HP Enterprise (NYSE: HPE) following the company's 4Q report. HPE's results and guidance revision topped consensus expectations with strong performance in its targeted growth areas.
HPE reported revenue... More
Hewlett Packard Enterprise (HPE) Tops Q4 EPS by 3c, Revenues Beat; Raises FY21 EPS Guidance Above Consensus, Offers 1Q EPS Outlook Above Consensus
December 1, 2020 4:09 PM ESTHewlett Packard Enterprise (NYSE: HPE) reported Q4 EPS of $0.37, $0.03 better than the analyst estimate of $0.34. Revenue for the quarter came in at $7.2 billion versus the consensus estimate of $6.89 billion.
Q4 2020 Financial Highlights:
Revenue: returned to pre-pandemic levels of $7.2 billion, up 6% from the prior quarter and flat from the prior-year periodSignificant acceleration in growth businesses and strong as-a-service momentumHPC & MCS revenue: $975 million, up 50% from the prior... More