HPE Q3 Earnings Beat: Will Strong Q4 and FY24 Guidance Lift Shares?
HPE(HPE) ZACKS·2024-09-05 23:16
Hewlett Packard Enterprise Company (HPE) reported better-than-expected results for the third quarter of fiscal 2024. Hewlett Packard Enterprise reported non-GAAP earnings of 50 cents per share for the fiscal third quarter, which beat the Zacks Consensus Estimate of 46 cents.The bottom line came above management’s guidance range of 43-48 cents. The better-than-expected bottom-line performance was primarily driven by stronger-than-expected sales growth and the benefits of disciplined operating cost management ...