Categories AlphaGraphs, Earnings, Technology
Infographic: All you need to know about Hewlett Packard’s Q1 earnings
Technology firm Hewlett Packard Enterprise Company (NYSE: HPE) Tuesday reported higher earnings and revenues for the first quarter of 2022. Earnings surpassed the consensus forecast, while revenues missed.
First-quarter earnings, adjusted for special items, rose to $0.53 per share from $0.52 per share in the corresponding period of last year. Net profit was $513 million or $0.39 per share, compared to $223million or $0.17 per share in the first quarter of 2021. The bottom-line also came in above estimates.
At $6.96 billion, revenues were up 2% year-over-year in the first three months of fiscal 2022. Analysts had predicted a slightly bigger growth.
Read management/analysts’ comments on HPE’s Q1 report
Shares of Hewlett Packard have lost around 5% since the beginning of the year. The stock closed Tuesday’s regular session lower.
Prior Performance
_________________________________________________________________________________________________________________
Stocks you may like:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
Most Popular
NKE Earnings: Nike reports lower sales for Q3 2025
NIKE, Inc. (NYSE: NKE) has reported a decline in earnings for the third quarter of 2025, hurt by a slowdown in sales across all major markets and operating segments. The
NIO Infographic: A snapshot of Nio’s Q4 2024 earnings report
China-based electric car maker NIO Inc. (NYSE: NIO) on Friday reported a net loss for the fourth quarter of 2024. Revenues increased by double-digits during the three months. Total revenues
Infographic: How FedEx (FDX) performed in Q3 2025
FedEx Corp. (NYSE: FDX) reported revenue of $22.2 billion for the third quarter of 2025, up 2% compared to the same quarter a year ago. GAAP net income was $909
