Categories AlphaGraphs, Earnings, Technology
Hewlett Packard Enterprise (HPE) crushes Q3 2020 estimates; provides Q4 and FY20 outlook
Hewlett Packard Enterprise’s (NYSE: HPE) third quarter 2020 results beat the market’s targets. The company also provided earnings outlook for its Q4 and fiscal year 2020. HPE shares jumped about 7% in the extended-hours of the trading session.
For Q4 2020, HPE expects GAAP earnings per share of $0.02 to $0.06 and non-GAAP earnings per share of $0.32 to $0.36. For the fiscal year 2020, GAAP net loss per share is estimated to be $0.35 between $0.31. FY 2020 non-GAAP net earnings per share is touted to be between $1.30 and $1.34.
“Navigating through the pandemic and planning for a post-COVID world have increased customers’ needs for as-a-service offerings, secure connectivity, remote work capabilities and analytics to unlock insights from data that are aligned to our strategy. We see a tremendous opportunity to help our customers drive digital transformations as they continue to adapt to operate in a new world,” said CEO Antonio Neri.
Most Popular
PNC Earnings: A snapshot of PNC Financial Services’ Q4 2025 results
PNC Financial Services Group, Inc. (NYSE: PNC) on Friday reported higher revenue and net income for the fourth quarter of fiscal 2025. The numbers also beat analysts' estimates. Total revenues
Earnings Preview: Intuitive Surgical (ISRG) looks poised for a strong Q4
Intuitive Surgical, Inc. (NASDAQ: ISRG) is a pioneer in robotic-assisted surgical technology, developing advanced systems that enable healthcare professionals to perform minimally invasive procedures with greater precision and efficiency. Having
What to expect when Alaska Air Group (ALK) reports Q4 2025 earnings results
Shares of Alaska Air Group (NYSE: ALK) gained 3% on Thursday. The stock has dropped 26% in the past 12 months. The airline is scheduled to publish its earnings results
