04.06.2024 22:14:58 - dpa-AFX: Hewlett Packard Enterprise Q2 Profit Decreases, But Beats Estimates

WASHINGTON (dpa-AFX) - Hewlett Packard Enterprise (HPE) announced earnings
for second quarter that decreased from the same period last year but beat the
Street estimates.

The company's bottom line came in at $314 million, or $0.24 per share. This
compares with $418 million, or $0.32 per share, in last year's second quarter.

Excluding items, Hewlett Packard Enterprise reported adjusted earnings of $561
million or $0.42 per share for the period.

Analysts on average had expected the company to earn $0.39 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 3.3% to $7.20 billion from $6.97
billion last year.

Hewlett Packard Enterprise earnings at a glance (GAAP) :

-Earnings (Q2): $314 Mln. vs. $418 Mln. last year.
-EPS (Q2): $0.24 vs. $0.32 last year.
-Revenue (Q2): $7.20 Bln vs. $6.97 Bln last year.

-Guidance:
Next quarter EPS guidance: $0.43 to $0.48
Next quarter revenue guidance: $7.4 - $7.8 Bln
Full year revenue guidance: $1.85 - $1.95


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
HEWLETT PACKARD ENT. A140KD Frankfurt 19,784 26.06.24 14:44:26 +0,536 +2,78% 0,000 0,000 19,796 19,248

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