Hewlett Packard Enterprise Reiterates FY24 Revenue Growth Of 2%-4% In Constant Currency, Adj EPS Of $1.82-$2.02
Portfolio Pulse from Benzinga Newsdesk
Hewlett Packard Enterprise (HPE) has reaffirmed its fiscal year 2024 revenue growth forecast of 2%-4% in constant currency and adjusted earnings per share (EPS) guidance of $1.82-$2.02.
November 28, 2023 | 9:12 pm
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POSITIVE IMPACT
Hewlett Packard Enterprise has reiterated its FY24 revenue growth and adjusted EPS, indicating confidence in its financial trajectory.
Reiterating financial guidance can be seen as a positive signal to the market, suggesting that the company is on track to meet its targets. This can instill investor confidence and potentially lead to a positive short-term impact on the stock price. However, since this is a reiteration and not an upgrade, the impact may be moderate rather than substantial.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100