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HPE Stock Tests Key Trendline Amid Post-Earnings Drop

Source: schaeffersresearch.com

Corporate EarningsCompany FundamentalsAnalyst EstimatesCorporate Guidance & Outlook
HPE Stock Tests Key Trendline Amid Post-Earnings Drop

Hewlett Packard Enterprise shares are down 6.1% to $49.17 despite a beat: adjusted Q3 EPS of $1.11 and revenue of $12.2B both topped forecasts. The market reaction suggests investors were cautious on what the quarter implies for forward outlook, even with the upside vs estimates.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.20

Ticker Sentiment

HPE-0.20

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