Hewlett Packard Enterprise Sees Q4 Adj. EPS $0.48-$0.52 vs $0.49 Est., Revenue $7.2B-$7.5B vs $7.49B Est.
Portfolio Pulse from Benzinga Newsdesk
Hewlett Packard Enterprise (HPE) has projected its Q4 adjusted EPS to be between $0.48 and $0.52, compared to the estimated $0.49. The company also expects its revenue to range from $7.2B to $7.5B, against the estimated $7.49B.
August 29, 2023 | 8:08 pm
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NEUTRAL IMPACT
HPE's Q4 adjusted EPS and revenue forecasts are in line with estimates, which could lead to a neutral market reaction.
HPE's Q4 adjusted EPS and revenue forecasts are within the range of the estimates. This suggests that the company's performance is as expected, which is unlikely to cause significant changes in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100