HPE: EPS down 9% in Q4

(CercleFinance.com) - On Tuesday evening, Hewlett Packard Enterprise (HPE) reported adjusted EPS for the fourth quarter of 2022-23 down 9% to $0.
52, but at the upper end of its forecast range of $0.48 to $0.52.

At $7.4 billion, revenues of the enterprise IT equipment and services group were down 7% (-6% at constant exchange rates), weighed down by its computing and storage activities.

With adjusted EPS of $2.15 and revenue growth of 5.5% at constant exchange rates, HPE confirms that it expects its target ranges for 2023-24 to be $1.82-2.02 and 2-4% respectively.

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