Abhoy Sarkar's Avatar
published in Blogs
Jun 05, 2022
Hewlett Packard Enterprise (HPE, $15.09) misses fiscal Q2 earnings expectations

Hewlett Packard Enterprise (HPE, $15.09) misses fiscal Q2 earnings expectations

Hewlett Packard Enterprise (HPE) posted its fiscal second quarter earnings that fell short of analysts’ expectations.

The IT company's earnings for the quarter came in at $0.19 per share. Excluding items, adjusted earnings were $0.44 per share for the period, compared to analysts’ estimates of $0.45 per share, (according to figures compiled by Thomson Reuters).

Revenue for the quarter climbed +0.1% from the year-ago quarter to $6.71 billion.

For the next quarter, HPE is expecting its earnings per share in the range of $0.44 to $0.54. Looking further ahead, the company projects full year earnings per share in the range of $1.96 to $2.10.

Related Tickers: HPE