Friday, June 2, 2017

Hewlett Packard Enterprise Faces 'Some Current Headwinds'

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Hewlett Packard Enterprise Earnings reported QE April 2017 financial results on May 31

  • HPE reported a discouraging YoY decrease in Non-GAAP earnings per share (-17%) and management has projected a performance crushing YoY decrease of -47% for the next QE.
  • Management has maintained their fiscal year 2017 outlook of $1.46 to $1.56 for Non-GAAP earnings per share. That means Q4, the QE 10-31-17, needs to be $0.40 to $0.50.
  • HPE is a different, smaller company. Both financial performance and position have been materially affected by the separation of the Enterprise Services segment.

Read more analysis and see the financial charts at Seeking Alpha!

About Hewlett Packard Enterprise

HPE is an industry-leading technology company that enables customers to go further, faster. With the industry's most comprehensive portfolio, spanning the cloud to the data center to workplace applications, our technology and services help customers around the world make IT more efficient, more productive and more secure.

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