Hewlett Packard Enterprise posts $1.54 billion fiscal Q3 profit, raises outlook
Hewlett Packard Enterprise reported fiscal third-quarter net income of $1.54 billion and adjusted earnings of $1.11 per share, topping Wall Street’s 95-cent estimate, according to a Zacks Investment Research analyst survey. Revenue was $12.21 billion, above expectations of $12.09 billion. The company raised its guidance for the fiscal fourth quarter and full year. For the quarter ending in October, it forecast earnings per share of $1.20 to $1.30 and revenue of $13.9 billion to $14.8 billion.