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Market Impact: 0.35

Hewlett Packard Enterprise (HPE) Beats Q2 Earnings and Revenue Estimates

Corporate EarningsAnalyst EstimatesCompany Fundamentals

Hewlett Packard Enterprise reported quarterly EPS of $0.79, beating the Zacks Consensus Estimate of $0.54 by $0.25, or about 46%. Earnings also improved sharply from $0.38 per share a year ago, indicating stronger underlying profitability. The result is a positive earnings update for HPE, with a likely modest stock impact.

Analysis

Hewlett Packard Enterprise reported quarterly EPS of $0.79, beating the Zacks Consensus Estimate of $0.54 by $0.25, or about 46%. Earnings also improved sharply from $0.38 per share a year ago, indicating stronger underlying profitability. The result is a positive earnings update for HPE, with a likely modest stock impact.

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Market Sentiment

Overall Sentiment

moderately positive

Sentiment Score

0.45

Ticker Sentiment

HPE0.58