HPE: raises annual targets

(CercleFinance.com) - Hewlett Packard Enterprise (HPE) has raised its guidance for the current fiscal year, expecting adjusted EPS of $2.
02 to $2.10 for its quarterly earnings, including 44 to 52 cents for the current quarter.

For its first quarter, it posted adjusted EPS (non-GAAP) growth of 19% to 63 cents, exceeding its target range of 50-58 cents, on revenues up 12% to 7.8 billion dollars (+18% excluding currency effects).

The IT services group said it had achieved its best first quarter revenue performance since 2016, as well as its best adjusted operating margin in its history.


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