HPE shares slide 16% on weak full-year earnings outlook
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Hewlett Packard Enterprise (HPE) shares fell 16% due to a weak full-year earnings outlook, despite meeting earnings consensus and exceeding expectations for the fiscal first quarter. The company cited execution issues in the January quarter.
March 06, 2025 | 10:00 pm
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Hewlett Packard Enterprise's stock dropped 16% following a weak full-year earnings outlook. The company met Q1 earnings consensus and exceeded expectations but faced execution issues in January.
The 16% drop in HPE's stock price is directly linked to the company's weak full-year earnings outlook, which overshadowed its Q1 performance. Execution issues in January further contributed to investor concerns.
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