Company News: Hewlett Packard Enterprise (HPE) posts its first financial report since HP split into two companies

Market news

4 March 2016

Company News: Hewlett Packard Enterprise (HPE) posts its first financial report since HP split into two companies

Hewlett Packard Enterprise reported Q1 FY 2016 earnings of $0.41 per share, beating analysts' consensus of $0.41.

The company's quarterly revenues amounted to $12.72 bln, generally in-line with analysts' consensus estimate of $12.65 bln.

Hewlett Packard Enterprise also issued guidance for Q2 and FY 2016, projecting Q2 EPS of $0.39-0.43 (versus analysts' consensus of $0.42) and FY 2016 EPS of $1.85-1.95 (versus analysts' consensus of $1.87).

HPE rose to $14.80 (+8.82%) in pre-market trading.

Foreign exchange market. European session: the U.S. dollar traded mixed to lower against the most major currencies ahead of the release of the U.S. labour market data

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