Hewlett Packard (HPE) Q1 Earnings Beat Estimates, Sales Miss
HPEHPE(HPE) Zacks Investment Research·2024-03-02 01:31

Hewlett Packard Enterprise (HPE) reported mixed first-quarter fiscal 2024 results, wherein the bottom line surpassed the Zacks Consensus Estimate but the top line missed the same. Hewlett Packard reported non-GAAP earnings of 48 cents per share for the first quarter, which beat the Zacks Consensus Estimate by 6.3%. The bottom line came at the higher end of management’s guidance range of 42-50 cents per share. However, the reported figure was 23.8% lower than the year-ago quarter and down 8.3% sequentially, ...