Hewlett Packard Enterprise tops Q1 EPS estimates as revenues climb 18% Y/Y, driven by a surge in networking sales after Juniper inclusion.
Hewlett Packard Enterprise Co (NYSE:HPE, XETRA:2HP) reported mixed financial results for its first quarter of fiscal 2026, with strong performance in networking offsetting softer results in its Cloud & AI segment. For the quarter ended January 31, HPE posted GAAP earnings per share of $0.31, below some market estimates of roughly $0.59, while non-GAAP EPS came in at $0.65, beating consensus forecasts of $0.59.
Wall Street is sharpening its outlook on three technology names tied to the AI infrastructure build-out, with fresh analyst actions this week reflecting growing conviction in demand durability.
Hewlett Packard Enterprise Company (HPE) Q1 2026 Earnings Call Transcript
Hewlett Packard Enterprise (HPE) came out with quarterly earnings of $0.65 per share, beating the Zacks Consensus Estimate of $0.59 per share. This compares to earnings of $0.49 per share a year ago.
The company lifted its outlook for networking revenue and disclosed a big bump in orders for enterprise AI servers.
The server and cloud-software company said networking sales nearly tripled to $2.7 billion, driven in part by a fivefold increase in data center networking revenue.
It's a packed week for tech earnings, and three companies are coming in with very different stories to tell.
Hewlett Packard Enterprise heads into Q1 earnings with revenues seen up nearly 19%, fueled by AI servers, Aruba networking and GreenLake momentum.
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