Hewlett Packard Enterprise Company (HPE)
HPE Q1 Earnings Miss Estimates: Will Weak Guidance Drag the Stock?
Hewlett Packard Enterprise's first-quarter fiscal 2025 results reflect the benefits of growth in the Server, Hybrid Cloud and Financial services segments.
Hewlett Packard Enterprise Stock Sinks on Firm's Outlook, Cost-Cutting Measures
Close Key Takeaways Hewlett Packard Enterprise gave profit guidance below estimates.The IT firm also missed quarterly profit estimates, with CEO Antonio Neri noting "we could have executed better."Hewlett Packard Enterprise also announced a cost-cutting plan that includes reducing staff by about 5%. Hewlett Packard Enterprise (HPE) shares plunged 15% Friday, a day after the information technology provider gave weak guidance and began cost-cutting measures. The company expects current-quarter adjusted earnings per share (EPS) of $0.28 to $0.34, and full year of $1.70 to $1.90, Analysts surveyed by Visible Alpha were looking for current-quarter adjusted EPS of $0.50 and full year of $2.12. In the fiscal 2025 first quarter, HPE posted adjusted EPS of $0.49, also short of forecasts. Revenue increased 16% year-over-year to $7.85 billion, slightly above forecasts. CEO Antonio Neri explained that while the company "has a proven track record of consistent, disciplined execution," it "could have executed better in some areas in the quarter." HPE to Lay Off About 2,500 Employees HPE also announced that it was launching a cost-reduction plan "to reduce structural operating costs and continue advancing its ongoing commitment to profitable growth." It added that "the program is expected to be implemented through fiscal year 2026 and deliver gross savings of approximately $350 million by fiscal year 2027 through reductions in its workforce." To that end, Neri said on the earnings call that "we plan to reduce our employee base 5% over the next 12 to 18 months through the reduction of approximately 2,500 positions and expected attrition," according to a transcript provided by AlphaSense. Hewlett Packard Enterprise shares sank to their lowest level in more than a year. TradingView Do you have a news tip for Investopedia reporters? Please email us at [email protected]
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HPE Stock Plunges After Earnings. ‘Poor Execution' Is to Blame, Analysts Say.
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Hewlett Packard Enterprise Company (HPE) Q1 2025 Earnings Call Transcript
Hewlett Packard Enterprise Company (NYSE:HPE ) Q1 2025 Earnings Conference Call March 6, 2025 5:00 PM ET Company Participants Paul Glaser - Head of Investor Relations Antonio Neri - President and Chief Executive Officer Marie Myers - Executive Vice President and Chief Financial Officer Conference Call Participants Meta Marshall - Morgan Stanley Aaron Rakers - Wells Fargo Wamsi Mohan - Bank of America Tim Long - Barclays Simon Leopold - Raymond James Amit Daryanani - Evercore Samik Chatterjee - JPMorgan David Vogt - UBS Michael Ng - Goldman Sachs Matt Niknam - Deutsche Bank Ananda Baruah - Loop Capital Operator Good afternoon, and welcome to the First Quarter Fiscal 2025 Hewlett Packard Enterprise Earnings Conference Call. At this time, all participants will be in a listen-only mode.
Compared to Estimates, Hewlett Packard Enterprise (HPE) Q1 Earnings: A Look at Key Metrics
The headline numbers for Hewlett Packard Enterprise (HPE) give insight into how the company performed in the quarter ended January 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Hewlett Packard Enterprise (HPE) Lags Q1 Earnings Estimates
Hewlett Packard Enterprise (HPE) came out with quarterly earnings of $0.49 per share, missing the Zacks Consensus Estimate of $0.50 per share. This compares to earnings of $0.48 per share a year ago.
HPE Revenue Soars, Cash Flow Dips
Hewlett Packard Enterprise (HPE -4.92%), a technology company specializing in edge-to-cloud platforms, released its first quarter fiscal 2025 results on March 6, 2025. The report highlighted a 16% year-over-year revenue increase to $7.9 billion, surpassing analyst estimates of $7.814 billion.
HPE shares fall more than 10% after mixed earnings, layoff plans
CNBC's Kristina Partsinevelos joins 'Closing Bell Overtime' to talk HPE quarterly results.
HPE shares slide 16% on weak full-year earnings outlook
Server maker Hewlett Packard Enterprise pointed to execution stumbles in the January quarter. The company met earnings consensus and topped expectations for the fiscal first quarter.
HPE's stock is sliding after earnings — these factors are affecting its outlook
The server and software company said it will begin a cost-cutting program that will reduce its overall headcount by about 5%, or about 2,500 job cuts, over the next 12 to 18 months.
HPE Tumbles On Fiscal Q1 Earnings Miss, Weak Revenue Guidance
HPE stock tumbled on fiscal Q1 earnings that missed estimates amid weak revenue guidance for the April quarter. The post HPE Tumbles On Fiscal Q1 Earnings Miss, Weak Revenue Guidance appeared first on Investor's Business Daily.
