Hewlett Packard Enterprise Reports Fiscal 2024 Third Quarter Results

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HP Enterprise (HPE) PT Lowered to $21 at BofA Securities

September 5, 2024 5:32 AM EDT

BofA Securities analyst Wamsi Mohan lowered the price target on HP Enterprise (NYSE: HPE) to $21.00 (from $24.00) while maintaining a Neutral rating.

The analyst comments "We reiterate our Neutral rating on HPE as we see the positives balancing the negatives. Positives include:... More

Hewlett Packard Enterprise (HPE) Tops Q3 EPS by 3c, Offers Guidance

September 4, 2024 4:06 PM EDT

Hewlett Packard Enterprise (NYSE: HPE) reported Q3 EPS of $0.50, $0.03 better than the analyst estimate of $0.47. Revenue for the quarter came in at $7.71 billion versus the consensus estimate of $7.66 billion.

GUIDANCE:

Hewlett Packard Enterprise sees Q4 2024 EPS of $0.52-$0.57, versus the... More