Company News: Hewlett Packard Enterprise (HPE) quarterly results beat analysts’ expectations

Market news

6 September 2017

Company News: Hewlett Packard Enterprise (HPE) quarterly results beat analysts’ expectations

Hewlett Packard Enterprise (HPE) reported Q3 FY 2017 earnings of $0.30 per share (versus $0.48 in Q3 FY 2016), beating analysts' consensus estimate of $0.26.

The company's quarterly revenues amounted to $8.209 bln (+2.5% y/y), beating analysts' consensus estimate of $7.494 bln.

The company also issued downside guidance for Q4, projecting EPS of $0.26-0.30 versus analysts' consensus estimate of $0.39.

HPE rose to $14.26 (+1.57%) in pre-market trading.

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