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Stock impact report

Hewlett Packard Enterprise stock pops after earnings beat, raised forecast [MarketWatch]

Hewlett Packard Enterprise Company (HPE) 
Last hewlett packard enterprise company earnings: 3/3 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investors.hpe.com
Company Research Source: MarketWatch
Hewlett Packard Enterprise stock pops after earnings beat, raised forecast Hewlett Packard Enterprise Co. HPE, +1.12% shares moved more than 5% higher in late trading Thursday after the company reported better-than-expected quarterly earnings and increased its annual forecast. HPE reported fiscal first-quarter profit of $177 million, or 13 cents a share, on revenue of $7.55 billion, down from $7.67 billion a year ago. After adjusting for discontinued businesses and other factors, the company claimed earnings of 42 cents a share, up from 32 cents a share a year ago. Analysts on average expected HPE to report adjusted earnings of 35 cents a share on sales of $7.62 billion, according to FactSet. HPE added a nickel a share onto its projection for full-year adjusted profit, now guiding for $1.56 to $1.66 a share, after previously stating $1.51 to $1.61 a share. Shares closed with a 1.1% gain at $16.22 Thursday, then topped $17 a share in after-hours action immediately following the rele Show less Read more
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