Hewlett Packard Q3 EPS $0.49 Beats $0.47 Estimate, Sales $7.00B Beat $6.99B Estimate
Portfolio Pulse from Benzinga Newsdesk
Hewlett Packard (NYSE:HPE) reported Q3 earnings of $0.49 per share, beating the analyst consensus estimate of $0.47 by 4.26%. This is a 2.08% increase from the same period last year. The company also reported quarterly sales of $7.00 billion, beating the analyst consensus estimate of $6.99 billion by 0.14%. This is a 0.70% increase from the same period last year.
August 29, 2023 | 8:06 pm
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POSITIVE IMPACT
Hewlett Packard's Q3 earnings and sales beat analyst estimates, indicating a positive financial performance.
Hewlett Packard's earnings and sales for Q3 have exceeded analyst estimates, which is typically a positive signal for the company's financial performance and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100