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

Market news

2 June 2021

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

Hewlett Packard Enterprise (HPE) reported Q2 FY 2021 earnings of $0.46 per share (versus $0.22 per share in Q2 FY 2020), beating analysts’ consensus estimate of $0.42 per share.

The company’s quarterly revenues amounted to $6.700 bln (+11.5% y/y), beating analysts’ consensus estimate of $6.614 bln.

The company also issued in-line guidance for Q3 FY 2021, projecting EPS of $0.38-0.44 versus analysts’ consensus estimate of $0.43.

For the full FY 2021, it guided EPS of $1.82-1.94 versus analysts’ consensus estimate of $1.84 and prior guidance of $1.70-1.88.

HPE closed Thursday's trading session at $16.09 (+0.81%).

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