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

Market news

29 August 2018

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

Hewlett Packard Enterprise (HPE) reported Q3 FY 2018 earnings of $0.44 per share (versus $0.30 in Q3 FY 2017), beating analysts' consensus estimate of $0.37.

The company's quarterly revenues amounted to $7.764 bln (+3.5% y/y), beating analysts' consensus estimate of $7.674 bln.

The company issued in-line guidance for Q4, projecting EPS of $0.39-0.44 (versus analysts' consensus estimate of $0.42). It also raised FY 2018 EPS to $1.50-1.55 from its prior guidance of $1.40-1.50 (versus analysts' consensus estimate of $1.47).

HPE rose to $16.99 (+1.49%) in pre-market trading.

Canada: Current Account, bln, Quarter II -15.88 (forecast -15.2)

UK retailers are keeping price increases to a minimum - BRC

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.