Hewlett Packard Enterprise Posts Q3 Beat, Provides Mixed Guidance
<p><a href='https://financialmodelingprep.com/financial-summary/HPE'>Hewlett Packard Enterprise (NYSE:HPE)</a> reported its Q3 results, with earnings per share (EPS) of $0.49 and revenue amounting to $7 billion (up 1% year-over-year) exceeding the Street estimates of $0.47 and $6.99 billion, respectively. The annualized revenue run rate (ARR) exhibited a year-over-year growth of 48%, reaching $1.3 billion.</p>
<p>For the fourth quarter of 2023, HPE anticipates EPS to fall within the range of $0.48 to $0.52, compared to the Street estimate of $0.49. The projected revenue for this period ranges from $7.2 billion to $7.5 billion, as opposed to the Street estimate of $7.49 billion.</p>
<p>Regarding the full year, the company foresees an EPS ranging from $2.11 to $2.15, compared to the Street estimate of $2.11.</p>

NYSE:HPE