Hewlett Packard Enterprise Sees Q4 EPS $0.52-$0.57 Vs $0.55 Est.; Revenue $8.1B-$8.4B Vs $8.17B Est.; FY24 EPS $1.92-$1.97 Vs $1.92 Est.; Revenue Growth Of 1%-3%
Portfolio Pulse from Benzinga Newsdesk
Hewlett Packard Enterprise (HPE) has provided its Q4 and fiscal year 2024 financial outlook. For Q4, HPE expects EPS between $0.52-$0.57 and revenue between $8.1B-$8.4B, slightly above estimates. For FY24, HPE projects EPS of $1.92-$1.97 and revenue growth of 1%-3%.
September 04, 2024 | 8:07 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Hewlett Packard Enterprise's Q4 and FY24 outlook shows slightly better-than-expected revenue and EPS estimates, indicating potential stability and modest growth.
HPE's Q4 revenue and EPS estimates are slightly above market expectations, which could positively influence investor sentiment. The FY24 outlook with modest revenue growth and stable EPS suggests a steady performance, likely supporting the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100