Hewlett Packard Enterprise's fiscal Q4 2024 results reflect growth in Server, Hybrid Cloud and Financial services segments with prudent cost control.
Hewlett Packard Enterprise Company (NYSE:HPE ) Q4 2024 Earnings Conference Call December 5, 2024 5:00 PM ET Company Participants Paul Glaser - Head, Investor Relations Antonio Neri - President & Chief Executive Officer Marie Myers - Chief Financial Officer Conference Call Participants Wamsi Mohan - Bank of America Merrill Lynch Meta Marshall - Morgan Stanley Tim Long - Barclays Amit Daryanani - Evercore Simon Leopold - Raymond James Aaron Rakers - Wells Fargo Toni Sacconaghi - Bernstein Samik Chatterjee - JPMorgan David Vogt - UBS Matt Niknam - Deutsche Bank Asiya Merchant - Citigroup Operator Good afternoon and welcome to the Fourth Quarter Fiscal 2024 Hewlett Packard Enterprise Earnings Conference Call. At this time, all participants will be in a listen-only mode.
It looks to be a bit of a wait-and-see thing with tomorrow's all-important jobs numbers from the U.S. government.
Although the revenue and EPS for Hewlett Packard Enterprise (HPE) give a sense of how its business performed in the quarter ended October 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Hewlett Packard Enterprise (HPE) came out with quarterly earnings of $0.58 per share, beating the Zacks Consensus Estimate of $0.55 per share. This compares to earnings of $0.52 per share a year ago.
HPE reported better-than-expected fiscal Q4 earnings amid strong revenue growth from data center servers processing AI workloads. The post HPE Earnings Beat As Quarterly AI Server Revenue Hits $1.5 Billion appeared first on Investor's Business Daily.
HPE's stock has been the most understated of the three big AI server names this year.
Hewlett-Packard Enterprise NYSE: HPE has managed a solid total return in 2024 of 25% as of afternoon trading on Nov. 27. Hewlett-Packard Company spun out the technology stock back in 2015.
Evaluate the expected performance of Hewlett Packard Enterprise (HPE) for the quarter ended October 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Hewlett Packard Enterprise (HPE) will report fiscal fourth-quarter earnings after the market closes Thursday, with analysts softly bullish overall ahead of the company's results.
Hewlett Packard Enterprise (HPE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.