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

Market news

3 March 2021

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

Hewlett-Packard Enterprise (HPE) reported Q1 FY 2021 earnings of $0.52 per share (versus $0.44 per share in Q1 FY 2020), beating analysts’ consensus estimate of $0.41 per share.

The company’s quarterly revenues amounted to $6.833 bln (-1.7% y/y), beating analysts’ consensus estimate of $6.747 bln.

The company also issued upside guidance for Q2 FY 2021, projecting EPS of $0.38-0.44 versus analysts’ consensus estimate of $0.38.

For the full FY 2021, the company guided EPS of $1.70-1.88 versus analysts’ consensus estimate of $1.68.

HPE traded at $14.50 (0.00%) in pre-market trading.

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