Hewlett Packard Enterprise (HPE) Tops Q4 EPS by 2c, Offers Guidance
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Hewlett Packard Enterprise (HPE) tops profit estimates as AI order momentum continues
November 29, 2023 9:45 AM ESTHewlett Packard Enterprise (NYSE: HPE) shares have rallied in early Wednesday trading after the company topped quarterly earnings estimates.
The IT company reported Q4 EPS of $0.52, $0.02 better than the analyst estimate of $0.50, while revenue for the quarter came in at $7.35 billion, down 7% YoY, and in line with the consensus estimate of $7.35 billion.
HPE said its strategic investments and innovation across the growth areas of Edge, Hybrid Cloud, and AI are resonating with customers, while its "steady execution" boosted its results. In... More
