Recap: Hewlett Packard Q1 Earnings
Shares of Hewlett Packard (NYSE:HPE) rose in after-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share rose 18.18% over the past year to $0.52, which beat the estimate of $0.41.
Revenue of $6,833,000,000 declined by 1.67% year over year, which beat the estimate of $6,720,000,000.
Outlook
HP Enterprise Sees Q2 Adj. EPS $0.38-$0.44 vs $0.38 Estimate; Raises FY21 Adj. EPS Guidance From $1.60-$1.78 To $1.70-$1.88 vs $1.67 Estimate
How To Listen To The Conference Call
Date: Mar 02, 2021
Time: 05:00 PM
ET Webcast URL: https://78449.choruscall.com/dataconf/productusers/hpe/mediaframe/43514/indexr.html
Recent Stock Performance
Company's 52-week high was at $14.97
Company's 52-week low was at $7.43
Price action over last quarter: Up 26.74%
Company Overview
Hewlett Packard Enterprise is a supplier of IT infrastructure products and services. The company operates as three major segments. Its hybrid IT division primarily sells computer servers, storage arrays, and Pointnext technical services. The intelligent edge group sells Aruba networking products and services. HPE's financial services division offers financing and leasing plans for customers. The Palo Alto, California-based company sells on a global scale and has approximately 66,000 employees.
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