Hewlett Packard Enterprise Company (NYSE:HPE ) Q3 2024 Earnings Conference Call September 4, 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 Meta Marshall - Morgan Stanley Samik Chatterjee - JPMorgan Amit Daryanani - Evercore Toni Sacconaghi - Bernstein Mike Ng - Goldman Sachs Simon Leopold - Raymond James Wamsi Mohan - Bank of America Merrill Lynch Ananda Baruah - Loop Capital Operator Good afternoon, and welcome to the Third Quarter Fiscal 2024 Hewlett Packard Enterprise Earnings Conference Call. My name is Gary, and I'll be your conference moderator for today's call.
The headline numbers for Hewlett Packard Enterprise (HPE) give insight into how the company performed in the quarter ended July 2024, 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) came out with quarterly earnings of $0.50 per share, beating the Zacks Consensus Estimate of $0.46 per share. This compares to earnings of $0.49 per share a year ago.
Hewlett Packard Enterprise reported fiscal Q3 earnings that topped estimates while guidance fell short amid an update on the sale of a Chinese joint venture.
HPE's outlook bracketed the consensus view, beating at the midpoint on revenue but coming up shy at the midpoint on earnings per share.
Investors interested in stocks from the Computer - Integrated Systems sector have probably already heard of Hewlett Packard Enterprise (HPE) and ZoomInfo (ZI). But which of these two companies is the best option for those looking for undervalued stocks?
Wall Street expects Hewlett Packard Enterprise Co HPE to report 47 cents in earnings per share (EPS) and $7.66 billion in revenues when the company reports third-quarter earnings on Thursday after market hours.
HP will continue suing Mike Lynch's grieving family for up to $4 billion after his tragic death. Lynch, along with his daughter and top attorney, died when his superyacht sank in August.
Hewlett Packard (HPE.N), opens new tab said on Monday it would continue legal proceedings to seek up to $4 billion in damages from British billionaire Mike Lynch's estate in the UK.
Besides Wall Street's top -and-bottom-line estimates for Hewlett Packard Enterprise (HPE), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended July 2024.
Hewlett Packard Enterprise's Aruba Networking gains a hospitality client, Nobu Hotels.
As Hewlett Packard Enterprise (HPE) continues to expand its GreenLake ecosystem, it is well-positioned to capture a growing share of the cloud computing market.