Categories AlphaGraphs, Earnings, Technology
Infographic: Highlights of Hewlett Packard’s (HPE) Q1 2021 earnings report
Technology firm Hewlett Packard Enterprise Company (NYSE: HPE) reported higher earnings for the first quarter of 2021, despite a decrease in revenues. The numbers surpassed the consensus forecast.
First-quarter earnings, adjusted for special items, rose to $0.52 per share from $0.50 per share in the corresponding period of last year. Net profit was $223 million or $17 per share, compared to $333 million or $0.25 per share recorded in the first quarter of 2020. The bottom-line also came in above estimates.
At $6.8 billion, revenues were down 2% year-over-year in the first three months of fiscal 2021. Analysts had predicted a bigger drop.
Read management/analysts’ comments on HPE’s Q1 report
Shares of Hewlett Packard have gained 26% since the beginning of the year. The stock closed Tuesday’s session lower but gained in the after-hours trading following the earnings announcement.
Most Popular
Infographic: How Lennar (LEN) performed in Q4 2025
Lennar Corporation (NYSE: LEN) reported total revenues of $9.4 billion for the fourth quarter of 2025, compared to $9.9 billion reported in the same period a year ago. Net earnings
Paychex expected to report higher revenue and earnings for Q2 FY26
Paychex, Inc. (NASDAQ: PAYX), a leading provider of human capital management solutions, is undergoing an AI-driven transformation that enhances both its internal operations and client-facing services. Entering fiscal 2026, the
Signet Jewelers (SIG): A look at the progress made on Grow Brand Love
Shares of Signet Jewelers Limited (NYSE: SIG) fell over 3% on Tuesday. The stock has gained 3% year-to-date. The jewelry retailer delivered strong results for the third quarter of 2026,
