Company News: Hewlett Packard Enterprise (HPE) quarterly earnings beat analysts’ estimate

Market news

22 November 2017

Company News: Hewlett Packard Enterprise (HPE) quarterly earnings beat analysts’ estimate

Hewlett Packard Enterprise (HPE) reported Q4 FY 2017 earnings of $0.29 per share (versus $0.61 in Q4 FY 2016), beating analysts' consensus estimate of $0.28.

The company's quarterly revenues amounted to $7.660 bln (+4.6% y/y), missing analysts' consensus estimate of $7.779 bln.

The company also issued downside guidance for Q1 FY 2018, projecting EPS of $0.20-0.24 versus analysts' consensus estimate of $0.27.

HPE fell to $13.39 (-5.1%) in pre-market trading.

U.S.: Continuing Jobless Claims, 1.904 (forecast 1.882)

Company News: HP (HPQ) posts quarterly earnings in line with analysts' estimates

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